The Application Research On The Total Budgetary Management In YongZhou City Tobacco Company

The modern budget system originated from the United Kingdom and developed at United States. The application and development of budget management among the foreign enterprises begins from the end of the 19th century. As one of the major methods used for the enterprise internal control, the master budget management has been becoming the necessary management rules of enterprises in market economic developed countries. There are 91%, 93%, 100% and 100% of enterprises in America, Japan, UK and Netherlands which are applying the master budget management respectively. It has become the common practice for the local enterprises. Hunan Province Tobacco Company has established and implemented the master budget management system in the early of 2004 and has required the underling municipal enterprises to put into practice. At the beginning of 2007, the Yong Zhou Tobacco Company began to set up the master budget management system based on the cost expense control and taking the cash-flow management as the core.The thesis is the research on the master budget management of Yong Zhou Tobacco Company. Firstly, it explains the current management situations and industry status of Yong Zhou Tobacco Company and the failure reasons of the former budget management practices. Then it introduces in details the establishing of the master budget management based on the cash-flow. And it also describes the implementing, controlling, adjusting of the master budget management and the process and system of performance appraisal. It applies useful discussions, on the points of the difficulties, solving plans, the connects between budget management and internal control, the combines of budget management and target of performance appraisal, etc, during the process of setting up the master budget management. It tries to find out the right way of setting up the master budget management for municipal Tobacco companies at the tobacco growing district by combining the theories of master budget management, characteristics of management and actual conditions in Yong Zhou Tobacco Company. We hope it could solve the problems of discrepancy between the system of budget management and management control. It is to improve the level of management efficiently, lower the cost expenses, especially the cost of tobacco leaf purchasing. And it is also to standardize and scope of cost expenses and improve the cash-flow conditions.