Research On Comprehensive Budget Managment Of H Company

Carrying out the comprehensive budget management in a enterprise can find and solve the problems in business activities in time, improve internal control and management level, and make the enterprise more competitive to achieve the operation and strategic targets. With H company’s rapid development and expansion, it is more and more necessary that H company’s management level would improve. Comprehensive budget management system is the best choice for improving H company’s management level because of its comprehensiveness and systematicness. Actually, H company has become more profitable, and its management level has improved a lot under comprehensive budget management. However, all the staff of H company are not very experienced in implementation of comprehensive budget management, so more efforts are still needed to make comprehensive budget management play a more important role in improvement of H company’s management level This paper is devoted to find the problems during H company setting and applying comprehensive budget management system and evaluating the staffs performance using the result of implementation of comprehensive budget managementThis paper’s search on comprehensive budget management of H company is guided by the theory of comprehensive budget management, with analyzing actual performance against budget in H company. Firstly, this paper introduces the present situation of comprehensive budget management of Chinese company and the inevitability of implementation of comprehensive budget management. Secondly, this paper descripts the theory about comprehensive budget management and its development history, which provides theory basis for the following search; then puts the theory of H company’s comprehensive budget management system and evaluates the achievements and deficiencies of its implemention. At last, suggestions are provided for improving H company’s comprehensive budget management level, with using Balanced Scorecards for performance appraisal for all staff in H company, in order to improve H company’s management level and economic efficiency, achieve its strategic and operation goals, and protects H company for healthy and sustainable development.