Case Study On Internal Control Of Comprehensive Budget Process Of K Company

With the establishment of a "dual circulation" development pattern,China's economic development has faced a lot of opportunities and challenges.For the sustainable development strategy while maintaining high-quality development,comprehensive budget management system has played a more and more significant role in many companies.The comprehensive budget mechanism systematically covers the whole process of business planning,implementation,control and assessment,which helps the optimization of resource allocation,increases companies' profitability and realizes long-term development strategy.However,although enterprises have introduced comprehensive budget management and implemented internal control on comprehensive budget,there are still some problems in the process of comprehensive budget management.Therefore,it is significant to study the implementation and optimization of enterprise internal control on the process of comprehensive budget management.With the guidance of Basic Norms of Enterprise Internal Control and Application Guidelines for Enterprise Internal Control No.15——Comprehensive Budget,this thesis takes K company's internal control on comprehensive budget management as the object,systematically analyzes the current situation of K company's internal control on comprehensive budget,specifically describes the main procedures of budget preparation,execution,analysis,adjustment and assessment,roundly identifies the key risk points existing in the main procedures of comprehensive budget,and provides risk control matrix for each procedure of the comprehensive budget.By analyzing the implementation of K Company's internal control on comprehensive budget management,this thesis finds that there are some restrictions for K Company to carry out the internal control on comprehensive budget management,consisting of the execution process of comprehensive budget and the index-based evaluation system of comprehensive budget.In order to make K Company's internal control on comprehensive budget better serve its strategic goals,this thesis believes that K Company can improve its internal control on comprehensive budget by improving the rationality of comprehensive budget preparation process,strengthening the implementation of internal control on comprehensive budget,and working on the perfection of comprehensive budget assessment system.This thesis analyzes questions existing in K Company and also gives suggestions based on these questions,all of which will provide reference for other companies to improve and enhance the effectiveness of the internal control on comprehensive budget management.