The Research On Zero-Based Budget Control System Design And Implementation In HS Group Company

"Preparedness ensures success and unpreparedness spells failure", according tothis archaism states the below truth, before you do anything, you should go throughthe process of detailed planning and advance counsel, modern society budgetmanagement originated in the west, after constantly practice change, the budget hasdevelopped to a comprehensive management system of evaluation,motivation, controlfunctions and so on from a single plan function. Zero-Based budget is a moreadvanced preparation methods than others method. Zero-Based budget has become akind of important method that can carry through budget expenditure control andenterprise project management development, optimizing the allocation in the modernenterprise management.Zero-Based budget (Zero-Based Budget, referred to as ZBB) basic principle is:the expense for each budget period takes no account of the base period expense data,but according to the actual need of the production business operation activities andvarious business priorities for each budget period, the company draws up the budgeton the basis of Zero.This paper applies to the relevant financial professional knowledge, relevanttheory and some management experience of Zero-Based budget management in theenterpris. The study method adopts the case research, HS company is a fast movingconsumer goods company that implements strongly Zero-Based budget. This paperconducts the study according to the actual situation and actual case for HS company.This paper adopts the theory with practice method. Firstly it introduces thebackground and significance of the topic, the research train of thought and frameconstruction. Secondly it is about Zero-Based budget theory research part. Thirdly itis group company Zero-Based budget management mode introduction. Lastly it is the main part of the paper that is Zero-Based budget management practice analysis forHS company control system design and implementation.The author has appointed HS company headquarters finance budget and internalcontrol manager, has experienced to implement strategic management Zero-Basedbudget management practice for three years. Through the case study and summaryrefining with Zero-Based budget theory, this paper constructs a set of Zero-Basedbudget control system to be suitable for the group company.Based on the above factors, so the author choses the subject "The Research ofZero-Based Budget Control System Design and Implementation in HS GroupCompany ". I hope two aspects research in Zero-Based budget management theoryand practice in group company, the achievement services for the company better,improves the company management level, enhances the company corecompetitiveness that can play a valuable role on the similar type of enterprise budgetmanagement.