Master Budget Management Reaserch In It Enviroment

An old saying" Preparedness ensures success, unpreparedness spells failure" is so classic and scientific that can be circulated for thousand years. Tt is still dynamic and has a profound influence on people's social life in these days. Implementing master budget management shows the scientific of this old saying in the processe of enterprises modern management.Mater budget management is a kind of modern enterprise management mode which gathers systematic, strategic, human philosophy. It achieves goals which resources are allocated reasonably, assignments are highly coordinated, strategy is effectively implemented, management is sustainable improved and value steadily increased by integrating business, capital and information, by clear decentralization and delegation, and by strategy-driven performance evaluation.It emphasizes the appropriate integration of entire enterprise'information, capital and business. It also emphasizes the appropriate separation of powers and authority.It emphasizes that enterprises should achieve the goal of internal control by arranging power, responsibilities and interest reasonably.The success of master budget management depends on adequate data sources, on powerful data processing capability, on effective internal controls, on flexible adjustment capability, and on scientific analysis systems. So, modern enterprises, especially these large enterprises should implement the master budget management in the information environment. As a district representative state-owned monopolies, D Power Company have implemented master budget management for many years and have and achieved some considerable success. This paper studies the master budget management of the enterprise in the IT environment by analysing the D power company.This paper can be divided into five parts.The first chapter of this paper is an introduction, it describes the background of the research, the significance of this topic and the content of this paper. The second chapter describes the theory, in this part, the paper introduces the production and development of comprehensive budget management and accountant informationization theories in domestic and foreign. In this chapter, the paper also includes budget management'meanings, features, and functions and so on. The analysis of these theoretical here is the base of case analysis in the next part.The third,fourth,fifth chapter are the case part of the analysis, which are the core of this article.The paper describes the information development process of D company's master budget management in chapter 3.In this chapter, the author describes the master budget management situation of D Power Company, including the budget management in two kinds of environment, manually and in the environment of simple financial software.This paper analyses and evaluates the budget management in these two kinds of environment. What is more, the author points out the weakness of them.In section IV of this chapter, the author describes the motivation and framework of D Power enterprise's master budget management in IT environment, which is the base of chapter4.In the fourth chapter, the paper introduces the master budget management of D company based on enterprise-class by taking project budget as an example. The author explains reason of choosing project budget management as study object firstly, and introduces the systems involved in project budget according to the actual.The author analyses five stages of comprehensive budget management, including budgeting, budget control, budget adjustments, budget analysis and evaluation budget logically. At each stage, the article describes both theories and specific processes, and also explains how the businesses are implementing in the ERP system.In the fifth chapter, the paper evaluates the effects of D Power Company' comprehensive budget management in the IT environment, and proposes two ways to improve the level of D Power Company'comprehensive budget management, the two ways includes system and person element.The last chapter is the conclusion of the study, it is also an sublimation a of the case study.In this part, the paper discusses the relationship between the thinking of ERP and the thinking of the comprehensive budget management.The paper also explains the impact of technology on the comprehensive budget. What is more, the paper also extends to D Company's financial intensive management, and describes the significance of implementation of ERP system to financial intensive management.Choosing the case study approach is the main innovation of this paper. What is more, the paper studies the three steps of the master budget management according to the actual of D company, and focuses on dynamic, accurate, new master budget management system. Introduction-of this part is not generalities, but focus on the most unique part. The paper also analyses the problems of new master budget management mode, and tentatively proposed the measures how to improve D company's master budget management, the paper rises case analysis to theory research, and makes the theory from practice and to practice.