Research On Comprehensive Budget Management Of WG Company

Overall budget management is the result of the internal management reform of large enterprises in western countries in the last century.Through years of practice,it has been widely used by more group companies and plays an important role in the internal control system of enterprises.With the deepening of the reform of the market economy system in China,the economic scope and asset scale of enterprises are gradually expanding,and they are facing an increasingly complex market competition environment.Comprehensive budget management has become a management method for enterprises to implement development strategies,optimize resource allocation,improve market competitiveness and risk prevention and control ability.It complies with the strategic goals set by the enterprise,controls all processes and links in the enterprise's business activities through the participation of all staff,and rationally allocates and accurately USES the enterprise resources,so as to achieve the improvement of the enterprise's internal management efficiency and reduce potential adverse risks as far as possible.Due to the internal function of the system,China has issued a series of policies to promote the implementation of the enterprise comprehensive budget management in recent years.WG company is an important steel production base in China also an important backbone enterprise in the central government.It has an important influence in the steel production industry.Therefore,this paper takes WG company as the research object to study the problems existing in the comprehensive budget management of WG company.This paper first describes the research background and significance of this paper,the literature review related to the study of comprehensive budget management,the research purpose,structural content and research methods of this paper,as well as the research ideas and structural arrangement of this paper.This article first defining the relevant concepts of comprehensive budget management,this paper expounds the comprehensive budget management concept,methods,characteristics and content,and preparation methods of comprehensive budget management and implementation process of related overview,constructed the WG company comprehensive budget management case analysis framework,provide theoretical basis for the research of enterprise comprehensive budget management.Secondly,based on the case of WG company's comprehensive budget management,this paper introduces the general situation of WG company and the current status of the implementation of comprehensive budget management.And then through the specific case study of WG company comprehensive budget management,summarizes the WG company advanced experience in budget management,analyses the deficiency in the process of implement the comprehensive budget management and the reasons behind,specific include: not clear the goal of budget management,failed to achieve the shift from financial budget to the comprehensive budget management concept;Inefficient implementation of budget management;The budget appraisal mechanism is not sound and so on.Finally,on the basis of the above,this paper gives reasonable Suggestions for WG's overall budget management.The possible innovations of this paper mainly include the following two aspects;First,this paper USES the case study method to systematically study the problems existing in WG's overall budget management.The conclusions of this paper can provide some Suggestions for the group to improve its overall budget management.Second,this paper first establishes the case study framework of enterprise comprehensive budget management,and then carries out a case study on WG based on the case study framework.The framework of budget management case study can provide reference for other companies.