Research On The Application Of Comprehensive Budget Management In Y Railway Unit

As one of the successful experiences of enterprises in developed countries,comprehensive budget management plays an increasingly important role in enterprise management practice,especially in optimizing enterprise resource allocation,strengthening internal control,improving production efficiency,and conducting scientific performance evaluation,etc.Certainly,it also plays an irreplaceable role in guiding the management application practice of China’s railway transportation enterprises.However,the railway bureaus have gradually started comprehensive budget management,but the budget management system and methods have initially penetrated into all aspects of transportation production and management so far.Overall,not only the application of comprehensive budget management in China’s railway infrastructure units is not yet mature,but alsoa well-established management system has not yet been formed.At the same time,the system reform of China Railway Group has both profound and complex practical problems,and it also has the development chances brought about by market and environmental changes.Therefore,research on the comprehensive budget management of railway infrastructure units can not only discover the current problems of enterprises,but also enrich the theory of comprehensive budget management,improve the management of enterprise budgets,promote the application of comprehensive budget management in corporate strategies,and realize the strategy of enterprises,which provides a reference.The Y Railway Unit of the M Railway Group Corporation is a subordinate station of the Railway Group Corporation,which is called the Y Power Supply Section and is currently managed by the M Railway Group Corporation.This paper mainly studies the comprehensive budget management of Y Power Supply Section under M Railway Group Corporation.Firstly,the article expounds the research background,significance,current situation and related comprehensive budget management theory.Secondly,we analyzedthe current situation of Y Power Supply Section comprehensive budget managementin the aspects of the budget management organization and budget preparation procedures.Then the problems in the comprehensive budget management of Y power supply section are summarized,which include the budget organization cannot function effectively,the budget preparation is not in line with the actual and budget of the enterprise,the implementation is short of controllability,the budget evaluation mechanism is not perfect.Finally,we come up with some actual suggestions,such as strengthening training,implementing the main body of budget management,formulating reasonable and standardized budget preparation standards,improving the controllability of the company in the overall budget execution,formulating reasonable plans for budget evaluation,etc.Considering that the enterprise’s cost budget management and budget assessment are the focus of the enterprise,the article designs a cost budget management plan based on the activity-based costing method.At the same time,the balanced scorecard and the analytic hierarchy process are combined to build a budget assessment and assessment mechanism,which is expected to provide valuable reference for relevant enterprises.