Research On Budget Management Of R Life Insurance Company

Budget management plays a very important role in modern enterprise management.Budget management is a tool for the rational allocation of resources,is a tool to achieve enterprise management control,is the basis for the implementation of enterprise performance appraisal,modern enterprise management can not be separated from the budget management.At present,there are many insurance companies to implement the budget management system,and achieved some success,but there are still a considerable number of enterprises to implement the results are not satisfactory.How to better play the role of budget management has become an urgent problem to be solved.Based on the analysis of first-hand information on the budget management of R life insurance company,combining theory with practice,the current situation of budget management of R life insurance company carried out in-depth analysis,pointed out the existing problems,and puts forward the improvement method.The article is divided into four parts.The first part is the introduction,mainly introduces the research background and significance,literature review,research contents and methods;the second part is the present situation of budget management of R life insurance company's analysis,first of all,by analyzing the fundamental state and operating characteristics of R life insurance company,it has limitations in the death differential return and interest rate differential return,only the fee differential return can be effectively controlled,so the fee control is the key content of budget management,secondly,mainly introduces the organization system and the main content of the budget management of R life insurance company,analyzed the main content of the budget management of R life insurance company from the budget preparation,budget adjustment,budget control,budget assessment;the third part is the budget management of R life insurance company's problems and the reason behind them,through interviews and questionnaires to employees,understand the budget management of R life insurance company's problems deeply,including the budget standard improper;budget adjustment is not flexible and controllable;budget analysis is not clear;the budget monitoring is unfulfilled;budget assessment is not reasonable,these all affect the budget management to play role;the fourth part is the problems of R life insurance company which exist in the process of budget management can be improved through the following methods: improve the accuracy of the budget standard by using Activity-based costing;using dynamic budget adjustment and budget support;using Factor analysis method to improve the accuracy of the budget analysis;develop the information feedback system to carry out the budget monitoring;increase the assessment index by using the Balanced scorecard,so as to give full play to the role of budget management,to better guide the practice of budget management.