Research On Comprehensive Budget Management Of ABC Real Estate Enterprise

Cash flow is the blood of real estate enterprise operation,and it is a critical factor in the value creation of an enterprise.However,some problems occurred during the current budget management include paying less emphasis,unscientific preparation method and improperly implementation,let alone reflecting cash flow which is the lifeblood for the real estate in the budget,leaving high risks for real estate’s further development.This article uses theoretical analysis for guidance,data analysis for support,case analysis for example research methods.This article based on a field research of ABC Real Estate Enterprise conducted by the author before.By assigning questionnaires to the overall staff and reviewing some leaders,I get some basic understand of this company’s comprehensive budget management.Then through the data collected on the comprehensive budget management as well as in-depth study of theoretical knowledge of the real estate industry about the implementation of a comprehensive budget management,this article sums the advantages and deficits of ABC real estate’s budget management process from several aspects including budget authority,budgeting processes,execution,control,and other aspects of adjustment,evaluation and incentive,thus proposing the corresponding solution.This paper gets the following conclusions:First,the establishment of a strong budget management organizational structure and clearly definition of rights and responsibilities of each level of implementation play a guiding role in comprehensive budget.Secondly,cash flow plays an important role in a company’s survival,thus these items that involve cash flow should be put into the cash flow sheet.Third: the integration of risk management in the overall budget management and control-oriented philosophy,the improvement of the efficiency of the implementation of a comprehensive budget management is efficient.The innovation of this paper is centered on the method of cash flow sheet,involving the items that are clearly connected to cash flow,while excluding those don’t involve cash flow.Thus a perfect budgeting method can effectively control the company’s cash flow,overall planning,optimize the allocation of resources.In the end of the paper,it sums up the idea of preparing a cash flow as the center of the overall budget and cash flow as the center of the annual capital budget balance sheet.Based on cash flow point of view,this paper combines the advanced concept of comprehensive budget management with our production and operating characteristics of the case of real estate business.By in-depth analysis and study of the real estate business,it’s very meaningful for this paper to explore the benefit of overall budget management implementation solutions to problems,and to build a better budget management mode for real estate enterprises.