Research On The Improvement On Comprehensive Budget Management Of D Company

After years of development and perfection,comprehensive budget management has,step by step,became a stream of force which drives the enterprises forward;however,with the rapid changes of environments,both internal and external,the limitations and weaknesses of the traditional version of comprehensive budget management have been gradually unveiled.At present,the incomes of tobacco companies grow slowly,while their costs and fees rise dramatically;at the same time,the problems in their internal management have become prominent day in and day out.What's more,though comprehensive budget management has been implemented for years,it doesn't work effectively as expected,and is difficult to meet the needs of long-term development of both tobacco enterprises and industry.Only via the optimization in comprehensive budget management can tobacco companies allocate resources more effectively and improve their internal management,which would finally lead to the maximization of enterprise value and realization of strategic goals.In this thesis,by the means of literature research method,field method and case study method,and in the reference to related theories about comprehensive budget management,the current situation of comprehensive budget management in D Company is analyzed;then,the problems existed are listed,according to the frame of comprehensive budget management;finally,the solutions are provided,on the basis of theories,such as the theory of division of labor,of strategic management,of internal control and etc..The concrete contents of the solution are as follows.Firstly,to establish an organizational system with clear division of works to realize the total involvement in the comprehensive budget management.Secondly,to carry out the budgeting which is based on strategy and daily businesses in order to improve working vitality among employees and to optimize allocation of resources.Thirdly,to hold weekly meetings and to build up a warning system on the purposes of enhancing in-process control.Fourthly,to conduct factor analysis and to convene monthly meetings about operating and business analysis in want of digging out the causes to budget variance and later to write analysis reports.Fifthly,under the overall consideration of both adjusting objects and conditions and in the combination of both regular adjustment and irregular adjustment to finally establish a reasonable budget adjustment mechanism.Sixthly,to coalesce budget assessment with performance assessment and to establish a perfected incentive mechanism.Meanwhile,to ensure the optimizing process goes on smoothly,three supporting measures are proposed,which include to deepen the understanding about comprehensive budget management of all employees,to strengthen internal control and to develop informatization construction.This thesis is on the basis of real case and provides reference plan of optimization of comprehensive budget management for D company;at the same time,the research results in this thesis also show reference and inspiring value to other tobacco companies alike.