Study On Enterprise's Budget Management

In historical sense, budgeting has been the standardized management procedure for modern enterprises, and played a crucial role in strengthening the coordination efficiency of an organization. Following the expanding of scale of company and rapid changing of the external environment, the traditional budgeting could not be satisfied by the requirements of company management. How to adjust the traditional budget in order to comply with corporate strategy and specialized organization is a critical issue to solve in budgeting and development areas of modern corporate.First of all, a lot of effort was tried to abstract major background factors from how budgeting management could be affected, which is also the basement of this article. In the body, the innovation on the base of budget, the choice of starting point of budget preparation, the choice of procedure of budget preparation, the diversification of budgeting index and constructing of relationship of budget and pay scheme are discussed by chapters respectively, emphasizing in analyzing and estimating the pros and cons in each methods. Based on the discussion, a trial integrated framework of total budget management is established in the end. It is attempting to conquer the shortcoming of traditional budget management and serve management more in corporate strategy level.The innovation are illustrated in two aspects. On the one hand, the article reviews and concludes the available researches of eastern and western academia in a systematic and full-scale way, especially in the analysis and evaluation of innovation method of budget preparing. It provides abundant materials for other budgeting management researches, and also a source for other researchers in this area. On the other hand, a trial integrated framework of total budget management is established to conquer and solve the shortage of traditional methods, and also discussed the management tools integration in details, which is in theoretical guidance manor.