Research On Time-Driven Activity-Based Budgeting

Nowadays, foreign researchers have gained many results in Activity-based budgeting, especially in structure building, model designing and application of it. But there are still a few theories about how to make Activity-based budgeting, how to analyze the differences between the budget and fact and how to control the activities. In China, scholars mainly focus on the application of ABB, and pay little attention on the study of structure and control of budget.This paper focuses on the field, never being studied by other scholars, which is the Time-Driven Activity-based Budgeting. It combines the Time-Driven Activity-based Costing and budget. The second chapter introduces the principles about Time-Driven Activity-based Budgeting, budget and budget management. The third chapter analyzes the traditional budget and Activity-based Budgeting and figures out that the traditional budget does not incorporate the management and strategic objective. The Activity-based Budgeting overcomes all the difficulties. It combines the operation of company and the strategic objective, contributes to making decisions on ordinary operation.The next chapter builds the structure and process of Time-Driven Activity-based Budgeting on the basis of comparison, designs the forms of budget by referring to the present budget forms, studies the implementation of Time-Driven Activity-based Budgeting and the control of differences and finally analyzes the application of Time-Driven Activity-based Budgeting in Chinese companies.