Research On Budget Management Optimization Of Shen Tou Development Co.,Ltd

Stable and effective financial management system is an important guarantee for enterprises to achieve strategic goals.As a financial tool of internal management and control,comprehensive budget management has been valued by domestic and foreign enterprises.The application of budget management has become the main way for enterprises to adapt to the new environment and seek new development.With the continuous deepening reform of the state and the marketization of state-owned enterprises,it has become a trend to participate in market competition.In order to improve the market competitiveness and strengthen the internal financial management,most state-owned enterprises adopt a comprehensive budget management system.But limited to the weak practice foundation,it is only a mere formality and failed to achieve actual effect.ShenTou Development company,the object of this paper,is a transformation enterprise which gradually changes from the original state-owned assets system service platform to marketization.With the change of internal and external environment,the operating pressure of the enterprise is increasing day by day.There are many problems in the operation of its budget management system,such as unclear organization authority,unreasonable budget target,and imperfect budgetary assessment system.Instead of promoting its development,the budget management system has hindered the progress of enterprise.Therefore,it has become an urgent need to formulate optimization schemes and solve the current problems by combining theory with reality in order to optimize the enterprise budget management system.Document research,investigation and case study methods are mainly used which are followed by the sequence of question raising,question analysis and question solving methods here.First the aim and the significance are raised by topic selecting through relevant background.Second relevant theory from documentation,method of research,structure of paper are used to illustrate the content of the budget.Then a research on the current budget management system has been made,so that the current situation,the executive status and evaluation of it can be found,which will make the problems be seen and the solutions be found.At last,method on budget management optimization is raised on the current problems by the relevant research.Budget management can be a guaranty for the strategy of company and performance improvement.The research on the improvement of ShenTou Development company's budget management can effectively promote the improvement of enterprise's budget management level,bring new profit growth point for the enterprise and ensure the realization of enterprise's business objectives,which is especially of certain reference value for the transformation and development of state-owned enterprises.