Research On Comprehensive Budget Management Of B Company Based On EVA

Comprehensive budget management has the functions of supervision,control and evaluation,which is a management tool commonly used by modern enterprises.The traditional comprehensive budget management pays attention to the index of profit,income and cost,which will cause the enterprises to reduce the cost and in order to pursue the short-term performance,which is not conducive to the long-term development of the enterprise.Considering the shortcomings of the traditional comprehensive budget,the comprehensive budget management of the enterprise can promote the long-term development of the enterprise and adapt to the change of the environment.Many scholars turn their eyes to the EVA.Compared with the traditional budget assessment index,EVA deducts the cost of the use of capital on the basis of net profit after tax operation,reflects the increment of shareholder value,and more truly reflects the value creation and operating performance of the enterprise.Introducing EVA into the comprehensive budget management can not only optimize the allocation of resources of enterprises,but also make the strategic objectives of enterprises long term value.Therefore,in practice,how to apply EVA to the comprehensive budget management of enterprises is an important research direction.First,this article introduces the research background and significance,summarizes the related theories of comprehensive budget management and EVA,and expounds the improvement of the comprehensive budget management from four aspects of enterprise value creation ability.Secondly,according to the current situation of B company's comprehensive budget management,the current budget management system of B company is deeply analyzed from the aspects of budget target,and the comprehensive budget management of B company is evaluated with analytic hierarchy process,and the existing problems in which are pointed out.Then in view of the defects and problems existing in the comprehensive budget management of B company,EVA is applied to the comprehensive budget management system based on EVA of B company is rebuilt,and the budget targets are decomposed to each responsibility center,and the business budget is compiled with EVA as the logical starting point,and EVA in the budget evaluation.These indicators are conducive to improving the comprehensive budget management system of B company.Finally the paper put forward four measures to strengthen the communication and coordination of various departments,cultivate the concept of EVA,establish and improve the organization of comprehensive budget management,pay attention to the EVA index and improve the EVA index system,implement the information management information of the comprehensive budget management and pay attention to the budget evaluation.Meanwhile,I hope that through this study,it will provide a reference for other enterprises to improve the level of comprehensive budget management in practice,in order to enhance the competitiveness of the enterprises themselves and to meet the internal requirements of the development of modern enterprises.