CQ Petrochemical Company's Comprehensive Budget Management Optimization Research

The difficulty of modern enterprise governance is increasing,and the requirements for managers are also getting higher and higher.How to effectively solve the problems of low management efficiency and unreasonable resource allocation of the company has become a major problem faced by managers.As one of the major means for internal control of modern enterprises,especially large-scale group companies,comprehensive budget management has been applied by many domestic and foreign companies and has also proved to be an effective management method.At present,this management model is not mature enough,and many problems have arisen in the process of operation.For example,the budgeting is not scientific,the budget management is out of line with the company's development strategy,and the budget assessment is in a form.Enterprise resources have not achieved the expected goals.The petrochemical industry is an important industry that promotes China's economic development.Nowadays,the competition among petrochemical enterprises is becoming increasingly fierce.Internal management,especially effective internal management,is the sword that the company is in an invincible position.Comprehensive budget management can help companies improve management efficiency,increase corporate value,inspire people,and improve internal management.This article uses case studies,interviews and other research methods to conduct research,mainly to solve the problems that arise in the case of a full-scale budget management of case companies.It also hopes that this study can provide inspiration to other companies in implementing comprehensive budget management.By describing the concepts,characteristics,and other relevant theories of the budget,the CQ petrochemical company is the object of research,analyzing the current state of implementation of the company's budget and existing problems,and then from the budget preparation,implementation,assessment and comprehensive budget management information systems,etc.A series of specific improvement plans were proposed,and the results of implementation of the plan were evaluated and evaluated using the economic value added method and the balanced scorecard method.Finally,summarize the main ideas and innovations of this paper,provide reasonable suggestions for managers' decision-making,and point out the limitations of this study and the outlook for the future.