Case Study Of Comprehensive Budget Management Of CBS Corporation

The case company CBS corporation,as the leading enterprise in the railway infrastructure industry,has been gradually increased by the market influence,and the operating risk and financial risk have been greatly improved,while the internal market is gradually saturated and the debt rate is high year in years.At the same time,although CBS corporation also faces the favorable situation that the new contract amount increases year by year,but the own management level and the globalization demand still have the huge disparity,especially since carries on the overseas business,the Cross-border project illegal,violates the discipline,violates the problem to be frequent,the overseas assets management urgently needs to strengthen.In recent years,the CBS company has gradually focused on the comprehensive budget management,aiming at realizing the requirement of the country to deepen the budget reform comprehensively and improving the comprehensive management ability of the company so as to realize the sustainable development of the enterprise.During the"Thirteen-Five-year Plan",the State Council further increased investment in infrastructure,focused on supporting the construction of the weak central and western regions of the railway,focusing on the development of high-speed intercity high iron projects,and the local financial funds will continue to tilt to areas such as rail transit and intercity short-distance railways.At the same time,the construction of "along the way" has gradually become a new window for China to strengthen cooperation with the world,which has opened up a new road for common development.Therefore,it is of great practical significance for CBS company and the whole industry to further study and implement the overall budget management,which can impel it to seize the opportunity and become the new economic power of the "along the way" construction.This article mainly uses the case analysis method,has carried on the detailed analysis and the extensive research to the CBS company's overall budget management.In this paper,the background and significance of the research are briefly literature review,research methods,content framework and innovation and deficiencies;Secondly,introduction to the theory of comprehensive budget management theory,and briefly combs the content frame of the comprehensivebudget management of the railway infrastructure enterprisesrepresented by CBS corporation.Again,in the third part of the case study,The author discusses the CBS company industry background,the company profile etc,the comprehensive budget management status,together with the implementation of the initiative has been achieved and the impact on the company as a whole,at the same time for the specific operations found in many problems,in-depth excavation of the reasons behind;In view of the foregoing problems in the comprehensive budget management of CBS company,the paper puts forward the relevant suggestions with practical significance in detail,and advances the final conclusion and prospect.This paper takes the example of the railway infrastructure enterprise CBS company as an example,concludes with a comprehensive and meticulous analysis:to perfect the comprehensive budget management of CBS company and solve the existing problems,we must deepen the implementation from the overall system,the implementation process and the supporting policies.To promote the interaction of all links and the overall coordination of the operation to achieve corporate goals.The innovation point of this paper is to introduce the application actuality and achievement of comprehensive budget management in CBS company from the angle of combining theory with practice.Digging into the shortage and cause,and put forward relevant suggestions from three aspects:mechanism environment,implementation process and supporting policies.in the industry practical,has a high reference value,but also comply with the relevant national requirements.