Research On Comprehensive Budget Management Of Small And Medium Enterprises Based On Balanced Scorecard

Since the comprehensive budget management has entered China,it has received support from many parties.Relevant departments of the state have also continuously issued policies on comprehensive budget management.At this stage,with the development of science and technology and the increasing competition in the market,many enterprises have begun to use new management techniques including comprehensive budget management to help enterprises to improve their financial management capabilities,and to improve internal management,and help to expand market advantages and enhance operational income,and ultimately achieve the target of corporate management.As a modern enterprise performance evaluation tool,the Balanced Scorecard is also one of the means to help enterprises achieve their strategic goals.Comprehensive budget management provides a systematic operational platform for balanced scorecard applications,which promote the sustainability development of the company.SMEs have begun to play an increasingly important role in the development of the national economy.Improving the strength of all aspects of SMEs will help strengthen their position and competitiveness in the international market,but due to the limited degree of development of SMEs,they have problems in the implementation of budget management.Therefore,the introduction of a more scientific concept of budget management in SMEs,for the establishment of a sound and effective budget management mechanism has become an important way for SMEs to enhance their competitiveness.This article takes Xi’an SME Company A as an example to study the problems in the application of comprehensive budget management,and then improve its current budget management model through the implementation of balanced scorecard,in order to improve the overall budget management status of Company A,and help enterprises to better achieve their strategic goals.Based on the feasibility study of introduction of the comprehensive budget management by using the Balanced Scorecard in the A company,this article first analyzes the comprehensive budget management condition in 2017,and then dismantle the budget management objectives,and rebuilding a comprehensive budget management model based on balanced scorecard.In the end,analysis the problems existing in the actual comprehensive budget management based on balanced scorecard of A company in 2018.at the end of the article,recommendations are made for the implementation of comprehensive budget management based on balanced scorecards for enterprises in the future in order to achieve the strategic goal of of A company。Through the research in this paper,we not only hope to improve the comprehensive budget management level of A company,but also help it realize the strategic goal of comprehensive budget management,give full play to the potential competitiveness of A company,and hope to provide more experience for the budget management of China’s SMEs.It also provides countermeasures and reflections for SMEs in the same stage of development,and can provide a good foundation for the better development of domestic SMEs.