Research On The Optimization Of Comprehensive Budget Management Of Company A Based On Balanced Scorecar

As one of the main tools of current enterprise management,comprehensive budget management plays an increasingly important role in the overall development of the enterprise.With the fierce competition at home and abroad,the traditional budget system can no longer meet the needs of the increasing development of enterprises.Therefore,if enterprises want to achieve long-term development,they must improve the current status of budget management.There are still some problems in the implementation process,such as focusing only on financial indicators and ignoring nonfinancial indicators,pay attention to the budgeting process and ignore the execution link and so on,and the implementation of comprehensive budget management by enterprises can allow enterprises to effectively allocate and integrate resources in production and operation activities,which is conducive to the realization of corporate strategic goals.Therefore,this article uses the balanced scorecard as an effective tool to optimize the company’s overall budget management.The balanced scorecard can effectively link the company’s strategic goals with daily business activities,decompose the indicators layer by layer through four dimensions,and incorporate non-financial indicators at the same time,covering a wide range,which is conducive to the company’s better overall budget management.This article first introduces the research purpose,significance,etc.,and then analyzes the related concepts and theories of comprehensive budget management and balanced scorecard by reading a large number of documents.Then select A Steel Company as the case study object,analyze the current situation of A company’s overall budget management,understand the current budgeting process,budget execution and control of A company and other links,and find that it appears in the budgeting process Some of the problems,such as flaws in the setting of budget indicators,insufficient awareness of staff on comprehensive budget management,and imperfect budget appraisal system.Subsequently,the balanced scorecard was introduced to provide optimization suggestions for company A’s comprehensive budget management.The balanced scorecard breaks down the company’s strategic goals,and the specific indicators are reached to each department.The weights corresponding to the indicators are calculated through the analytic hierarchy process,which provides references for the preparation,implementation,and evaluation of the subsequent comprehensive budget.Finally,it introduces the safeguard measures of A company based on the balanced scorecard to implement comprehensive budget management,and summarizes the content of the article to draw conclusions.The integration of balanced scorecard and comprehensive budget management can improve the company’s budget level,help the company’s long-term development and achieve its strategic goals.I also hope that the results of this article can be useful for other companies that want to introduce a balanced scorecard to implement budget management.provide help.