Research On Enterprise Master Budget Management Based On Internal Control

In an increasingly complex market environment and an increasingly large-scale enterprise,master budget management has become one of the most important management tools for modern enterprises.How this tool is used is undoubtedly related to the company’s own environment.Internal control,which is an important part of the internal environment of the company,is naturally closely related to master budget management.In order to clarify the relationship between internal control and master budget management,and to demonstrate how to do a master budget management work under a certain internal control environment,this paper has the following discussion.Starting from the related theories of internal control and master budget management,this paper first introduces the four development stages of internal control: institutional containment,control system,control structure and overall framework,as well as common internal control methods;secondly,introduce the master budget management connotation,Based on the theoretical basis,this paper analyzes the behaviors of master budget management,expounds the control theory,contingency theory and incentive theory that support the implementation of master budget management,and analyzes several behaviors set in the goal of master budget management.On the basis of relevant theoretical discourse,this paper further systematically expounds the relationship between internal control and master budget management,analyzes the current status of master budget management based on internal control,and proposes problems through the analysis of the status,indicating the master budget.The importance of management applied to internal controls.At the end of the paper,a representative large-scale state-owned enterprise T Electric Power Group was selected as the case analysis object,and the specific application of master budget management in the enterprise was analyzed,and its positive significance for strengthening internal control was pointed out.In the case analysis process,this paper first introduces the T-Power Group policy environment and combs the group organization structure,provides the necessary analysis background,and then based on this,the T-Power Group’s master budget management based on internal control is carried out.A review that clarifies the validation and control aspects of the business budget,financial budget,and integrated budget.In order to demonstrate the details of master budget management,on the basis of the previous review,a C-level company of T Power Group was selected,and the implementation details of the cost budget management were described and analyzed in detail.Based on the results obtained by the analysis,this paper puts forward some suggestions on how T Power Group should do a master budget management based on the corresponding internal control.