Research On Comprehensive Budget Management Of W Power Supply Company Based On Balanced Scorecard

With the development of my country’s economy,power supply companies are playing an increasingly important role in social and economic construction.The comprehensive budget management of the power supply company can improve the efficiency of resource allocation,control costs and improve company performance.Because W Power Supply Company uses traditional budget management methods,problems such as low budget management efficiency,unclear budget responsibilities,and disconnection between budget goals and strategic goals have emerged.The company’s budget still places too much emphasis on the application of financial indicators and does not pay attention to non-financial indicators.The importance of budget management.In order to improve the company’s overall budget management level,the successful experience of the overall budget management of the balanced scorecard should be used as a reference.As a method of budget management performance evaluation,the balanced scorecard is a means for companies to achieve strategic goals.The non-financial indicators involved can be used to make up for the shortcomings of the traditional budget and promote the coordination of the company’s budget goals and strategic goals.,To ensure the healthy and stable development of the enterprise.This article explores the overall budget management of W Power Supply Company through field and literature research.Firstly,it introduces the relevant theories at home and abroad,expounds the connotation and characteristics of comprehensive budget,and introduces the concept and dimensions of balanced scorecard.Secondly,taking W power supply company as the research object,according to the current situation of its comprehensive budget management and the company’s budget data in 2021 and 2020,through the tabular method and drawing method,it is concluded that the enterprise has four shortcomings:imperfect budget preparation system,low budget implementation,disconnection between budget and strategic objectives,and unreasonable budget assessment and evaluation In the non-financial aspect,there are some problems,such as imperfect budget organization,low budget awareness of employees,insufficient incentive and so on.Thirdly,the paper studies the necessity of introducing Balanced Scorecard into comprehensive budget management of enterprises.Depends on the financial,learning and growth aspects of the Balanced Scorecard,internal process aspects,and customer aspects,it adds non-financial index adjustment organization,and formulates the key success factors of each dimension by employing experts,referring to relevant literature and combining with the actual situation of the company Then,according to the division of responsibilities of each department,we use questionnaire,The analytic hierarchy process and fuzzy comprehensive evaluation method are used to calculate the budget index value and weight ratio,optimize the content of the comprehensive budget preparation,calculate the budget target of the W power supply company based on the balance scorecard,and determine the budget implementation effect.Analyze and evaluate budget operation result evaluation feedback of budget target.Finally,in order to ensure the smooth operation of the comprehensive budget management of the W power company that introduced the Balanced Scorecard,this paper puts forward some safeguard measures,such as improving the sales revenue in the financial aspect and strengthening the technical innovation in the internal process.