A Study Of Budget Management Based On Balanced Scorecard Of Sn Company

Since the nineteenth century, budget management is applied to business enterprise management, and with the development of budget management, its position in the enterprise gradually increased. Budget management which applied to enterprise areas refers to analyzing and forecasting company’s internal and external environment; in addition, allocating and assessing financial resources and non-financial resources through budget, in order to complete the business objectives. However, with the increasing application of traditional budget management, its problems are also increasing. For example, the traditional budget can not meet the long-term strategic business objectives, and assessment index is limited to financial indicators which can not keep up with the business environment changes. In order to improve the enterprise’s budget management, the thesis takes SN Company as a case, proposing a concept of combining balanced scorecard and budget management. The reason for making this idea because of the balanced scorecard and budget management both have highly complementarities, and the combination can make the company’s strategic goals and business objectives agreed upon. In addition, the combination can promote the consistent of short-term goals and long term goals.Firstly, the thesis elaborates relevant concept and theories, including the concept of budget management, BSC connotation, and the concept of the combination of budget management and BSC. Then, this thesis canalizes the necessity and feasibility of the combination of budget management and BSC. The thesis discusses how to apply in practice from the actual situation of SN Company budget management.In recent years, the theoretical research of combining budget management and BSC is gradually increasing, but the research of case study is less. Therefore, the content of this thesis has practical significance. The combination of budget management and BSC concept has good prospects. I hope the research of this thesis can cause more consideration.