Optimization Analysis Of Comprehensive Budget Management In ABC Group

Comprehensive budget management has developed more than twenty years in China, the theory of comprehensive budget management has made lots of achievements while the practice does not go well as it, especially for state-owned enterprises. In practice, the overall budget management has failed to give full play in strategic target management, optimizing resource configuration, enhancing internal control, improving management, creating economic value of enterprises and other effects, as it was limited by corporate culture, development path, economic policies and other factors. As a result, the formality of overall budget management is common in China. Overall budget management theory originated in Western countries, most of its achievements are based on western enterprises. So our local state-owned enterprises cannot completely digest those western theories. The acclimatized phenomenon requires ours enterprises have to take Chinese market characteristics, historical background and other factors into consideration. In this way, the overall budget management of Chinese enterprises can truly become the helpful for enterprises’ healthy development.This thesis generalizes the problems of ABC Group in comprehensive budget management process, such as establishment, execution and control, analysis and evaluation, and explores the causes of these problems, based on the ABC Group’s characteristics of the its development. And then the paper proposes the optimization and advice for ABC Group in policies and environment of overall budget management to improve its utility and reduce the phenomenon that the budget’s implementation deviates from the budget targets. Besides, this paper concludes the common shortages of our state-owned group of companies in overall budget management’s regulation and implementation environment from the individual to the common. As for these shortages, this thesis puts forward some appropriate adjustments and strategies from four aspects(the design of the budget management, the convergence design with other management functions, the "hardware" and "software" condition of budget’s implementation) to solve these problems.