Construction And Analysis Of Zhonghong Chemical Strategic Budgeting Management System

Since the reform and opening up,China’s economy has developed rapidly.In the face of complex and volatile economic conditions in the budgetary market,most domestic enterprises are facing more and more risks.The risks they face are becoming increasingly unpredictable.The implementation of the budget management system The risks and competition are also getting more and more fierce.At the same time,it also brings considerable risks to the enterprise’s financial management and internal control.Strategic budget management can effectively strengthen the internal control of enterprises an effective way.Budget management system is to ensure the efficient operation of other budget management agencies.Looking to the West,some western countries started earlier than China.They started using the strategic budget management system many years ago.Many enterprises with a certain scale use the strategic budget management system and have achieved remarkable results.Many enterprises introduced the concept of western strategic budget management and constructed a budget management system suitable for their own businesses,and achieved obvious benefits and greatly promoted China’s economic and social development.Although budget management has been widely used in our country at present,compared with some countries that use strategic budgets earlier in the west,they still have some deficiencies compared with improving their effectiveness.Based on the analysis of the construction of Zhonghong Chemical Company’s strategic budget management system,by analyzing the budget management methods used by Zhonghong Chemical Company in the past and by examining the specific problems existing in the traditional budget management of Chinese enterprises,the paper constructs a strategy suitable for Zhonghong Chemical Company Budget management system for strategic management and budget management to provide theoretical guidance and decision-making reference.