Research On Strategic Budget Management Of DS Companies Based On Balanced Scorecard

The main purpose of budget management is to better realize the business objectives of the enterprise.It will reasonably plan,calculate,report and analyze the investment activities,fundraising activities and business activities that are forecasted in the future.The implementation is monitored in real time,and then the implementation results of the budget are feedbacked and evaluated to form a complete closed-loop comprehensive management system.However,some problems will inevitably arise during the implementation of budget management,such as too single budget indicators,disconnected budget and strategy,and unreasonable budget organization settings.In order to solve the shortcomings in the implementation of budget management,many scholars have begun to introduce strategy into the theory of budget management,focusing on the strategy of the enterprise,while introducing BSC as a tool,based on the complementary advantages of BSC and strategic budget management,and then improve Business benefits.This paper takes DS company as the research object and optimizes its budget management with the strategic budget management method based on BSC.This paper expounds the purpose and significance of this study,takes the development of budget management as the main line,reviews relevant theoretical studies at home and abroad,focuses on the theory of strategic budget and BSC,a strategic implementation tool,and expounds the difference between strategic budget management and traditional budget management.Then it introduces the implementation status of DS company in budget management,and analyzes its existing problems from the status quo,so as to reflect the necessity and feasibility of BSC as a tool to introduce into strategic budget management.Based on SWOT analysis,the strategy map of DS company was established,and the strategic objectives were decomposed to build a strategic budget management model based on balanced scorecard.Finally,the model is evaluated and the corresponding safeguard measures are put forward.The innovation of this paper lies in the combination of budget management and strategy,and the introduction of balanced scorecard,which is no longer limited to the budget of financial indicators,but also includes non-financial indicators,so as to unify the strategic goals and budget goals.