Research On Overall Budget Management Of SW Company Based On Balanced Scorecard

With the development of market economy,budget management has gradually developed from the initial means of financial revenue and expenditure management of our government departments to an important management system within enterprises and become one of the important components of management accounting,and budget management has been continuously drawn attention and plays an increasingly important role in the business objectives of enterprises.At present,many domestic enterprises have started to implement comprehensive budget management and actively explore their own budget management model,and have also made certain achievements.However,in the process of budget management practice,many enterprises have problems such as disconnecting comprehensive budget management from strategic objectives and ignoring the assessment of non-financial indicators,which cannot fully play the role of budget management in enterprise management.Another strategic management tool,the balanced scorecard,can break down corporate strategies into actionable objectives,which can make up for the shortcomings of budget management.Based on this,this thesis will build a balanced scorecard-based comprehensive budget management system based on the actual situation of SW company as a case study for the optimization of comprehensive budget management.In this thesis,SW company is used as a case study to analyze the problems of the company’s total budget management based on the balanced scorecard theory of total budget management,and propose the optimization plan and implementation guarantee measures for the introduction of balanced scorecard.Firstly,through the analysis of the current situation of SW’s total budget management,it is found that its total budget management has problems such as imperfect budget management system,disconnection between budget and strategic objectives,ineffective implementation of budget,and incomplete budget assessment indexes,etc.Meanwhile,the feasibility and necessity of optimizing SW’s budget management based on balanced scorecard are analyzed.Secondly,based on the problems of the balanced scorecard of SW,this thesis proposes improvement measures such as optimizing the comprehensive budget management system,decomposing strategic objectives into operable budget indicators based on the balanced scorecard,and establishing corresponding evaluation indicators.Finally,this thesis proposes four guarantee measures,such as establishing a correct management awareness of budget management,strengthening the basic management of budget management,and building an information system support platform.Through an in-depth analysis of SW’s business nature,strategic positioning,and the current situation of comprehensive budget management,this thesis applies the theories of comprehensive budget management and balanced scorecard to improve the framework of SW’s comprehensive budget management system to the greatest extent to address the problems in its budget management,reflecting a certain degree of innovation;it is hoped that the proposed countermeasures and improvement measures can solve the problems of SW’s budget management,so as to support the strategy and give full play to the budget management.It is hoped that the proposed countermeasures and improvement measures can solve the problems of SW’s budget management,so as to support the strategy and give full play to the potential of the enterprise,and also hope to be of reference to other enterprises facing similar problems.