Master Budget Management Plan Of Yinzhu Electric Power Group Corporation

Budget (Budgeting), this word appears since 1870 in England, the modern budget system produced in 1921 because the demand of the national legislation of the United States to the president's right system restriction. Through near a century's development in the United States, this method has turned into a standard procedure of the large industry and business enterprise after adopting by the company of G.E.,DU Pont at 20's of last century in the United States.Master Budget is the highest form of the targeting management; it is also a kind of systematic management tools, is the budget management expresses with the mathematics language..Master Budget management can help the business enterprise to realize decided strategy target by making the reasonable allotment of human resources, capital, materials…etc, and manage with homologous results to match to supervise and control the strategy target processing launch, control expenses, and predict funds need, profits, financial standing of a period, etc. Master Budget is a kind of formal expression of strategy programming.YINZHU electric power Group Corporation established in 2001, the enterprise nature is the Private enterprise, subordinated in the Electric power company. The company do business mainly involves the ferroalloy production, the construction and installation, the commercial trade, the design manufacture, to serve five big industries. Along with industrial structure's adjustment, has formed the construction and installation, ferrosilicon smelting as the leadership, the business industry for support's industrial pattern. At present, YINZHU electric power Group Corporation bead electric power (group) the limited liability Company take the respective enterprise as a foundation, forms the industrial chain pattern initially, has the strong market competition ability and resists the market risk ability. But in the market competition which grows day by day, in lacks under the scientific system's management, achieves the company strategic target to be hard to start, not the standard management.The text is focus on the research of the combination of the advanced budget principle and the circumstance of my company, setting up the practice mode of the Master Budget management. Study from the western theories and practice of the budget management, proceed to the Master Budget management more thorough, and more systematically, join together with the business environments and actual circumstance, investigate and absorb the western advanced theories fond a suitable Master Budget management project for the company.