Research On The Application Of SQ Company's Total Budget Management Under EVA

With the continuous deepening of the level of economic globalization,the company management model suitable for the development of the times emerges endlessly.The emergence of comprehensive budget management has become a necessary means and tools for the management of many modern companies,from the planning,implementation,and implementation of production.And assessment,comprehensive budget management can play a role in all aspects of the company's operations,but as the economy continues to develop and the capital market is improving,the goal pursued by the company is no longer simply profit maximization,the owner of the company is more It is hoped that the enterprise itself can create greater value.The new requirements make the traditional comprehensive budget management not fully applicable.How to improve the company value becomes the core goal of the company's strategy.The EVA theory proposed by the American company Steinster in the last century Better solution to the requirements of shareholders in the new era of corporate management,and more and more companies to accept in the subsequent applications,EVA theory proposed from the simple focus on profit indicators to the company's value creation ability and capital cost utilization Efficiency,this change will make the company develop Pay more attention to the interests of the whole of the road,for the company to maximize the value of ongoing efforts.In this paper,firstly,the comprehensive budget management and EVA research insurance at home and abroad are introduced.Secondly,the comprehensive budget management theory,EVA theory and EVA theory analysis of comprehensive budget management improvement are expounded.In theory,comprehensive budget management Supported by the combination of EVA.On the basis of theoretical discussion,the SQ company in the cement industry was introduced.The reason for introducing the company is because it implements long-term comprehensive budget management,but the implementation effect is not satisfactory.This paper introduces the implementation of its traditional comprehensive budget.The problems in the company's comprehensive budget management are related to the problem that the traditional comprehensive budget management method deviates from the company's expectation of creating value,and correspondingly put forward the necessity and effectiveness of EVA theory to solve these problems.Sex,then this article began on the EVA theory,re-implemented SQ's comprehensive budget management organizational structure,budget process,budgeting and other aspects,and integrated it into the SQ company's supervision and evaluation mechanism,making the overall budget Management is truly efficient and useful.This paper further proposes various safeguard measures for comprehensive budget management,which enables the overall budget management under SQ EVA to be truly implemented.Considering that different industries have different adaptability to the overall budget management under the EVA theory,this comprehensive budget management model still needs to be continuously improved and developed in combination with specific situations in the practice process.