A Practical Research On The Total Budget Management Of One Departmeng In AB Securities Company

With the development of security business, there has been337security branch companies and5385security exchanges since the first security exchange was established in1986. CSRC (Chinese Securities Regulatory Commission) issued the exposure draft of regulating affiliated agencies of security companies, in which the time limits was to be broaden for securities traders to establish the business departments. And the consequent competitions among the security exchanges would be much fiercer, thus it is imperative to solve the problems on the existence and development of security exchanges. As known to us, comprehensive budget is the comprehensive and systematic budget by the enterprise on all kinds of its production and operation activities in a specific period. The over-all business activities for the enterprise in future are capable to be planed and controlled by implementing comprehensive budget so as to ensure the enterprise is able to realize its fixed objectives. Although many securities department has established the system of comprehensive budget, there still exists large amount of problems such as the building, implementing and examining of the system, thus greatly affecting the performance of comprehensive budget.The present paper summarized the existing problems in comprehensive budget of the security exchange in terms of theory and practice by taking one department in AB Security Company as the study object. And a set of optimization schemes of comprehensive budget for the department in AB was proposed by emphasizing the system design, budget preparation modeling and budget evaluation modeling. The first part in the paper introduced the study background, purpose, significance, ideas and ways. The second part introduced the related theories on comprehensive budget including the concept, principles, compilation methods and the corresponding studies at home and abroad. In Chapter3the existing problems on the current situation and practice of comprehensive budget for one department in AB Security Company was analyzed. The Chapter4proposed the optimization schemes for the department from the following four study aspects including the perfection of comprehensive budget system, optimization of comprehensive budget workflow, establishment of market-oriented evaluation system, and budget preparation modeling and evaluation based on broadening the limit for department establishment.