The Study On The Budget Management System Of Zhong Xin Future Company

Enterprise budget management is one important controlling tool of management by objective,which can help managers plan,coordinate,control and evaluate performances.Implementing comprehensive budget management plays an important role in establishing modern enterprise system,improving management,enhancing competitiveness and advancing strategic implementation.The comprehensive budget management covers many aspects,including budgeting,budget execution,budget analysis,and budget evaluation.Relying on scientific performance evaluation,it can realize resource allocation,boost its business,and increase its value steadily,thus achieving the strategic goal of the company.CITIC applies overall budget management system,and is able to control the business and operation effectively of its subsidiaries and branches;however,there also exist some problems:budget and company strategy mismatch;the current information management system fails to give full play in the process of compiling and controlling budget;the analysis and assessment of key indicators need to be further refined and perfected;there is also a lack of the evaluation of internal audit supervision.These problems have restricted the function of budget management system.As the domestic futures market develops and industry competition intensifies,how to strengthen management,and build the core competitiveness based on the company's own advantages is one important issue that every futures company faces.Unlike other production enterprises and business enterprises,futures companies have specialized products.As a result,futures companies should combine its industry characteristics to establish a corresponding overall budget management model.Therefore,this article is both theoretically and practically meaninZhongXinul to research on the establishment of such a comprehensive budget management system.This article uses the basic theories of overall budget management to provide an in-depth research and analysis on the overall budget management system of CITIC based on the abundant data collected.First of all,this article deals with the background and meaning of this research.Secondly,it provides an overview of the characteristics of the futures company industry,and the analysis of the characteristics of budget management and factors.Furthermore,based on theoretical research,using CITIC as an example and the budget process as the main line,this article analyzes the budget organization system,compilation process,execution,analysis and evaluation,and dissects the problems encountered in the practical process of comprehensive budget management of ZhongXin Futures Company.Finally,aiming to solve these problems,this article points out that the budget should match company strategy,integrate the information system,ameliorate the analysis and evaluation process,and enhance the internal audit supervision.These measures will help futures companies to form a system of comprehensive budget management system,which is a closely connected and interlocking management chain.This will provide a method of comprehensive budget management and can be helpful for other futures companies to improve their overall budget management.