Research On The Budget Assessment And Evaluation System Of AK Co., Ltd. Based On BS

The chemical industry is the pillar industry of the country and has an irreplaceable position.In the current increasingly competitive market environment,chemical companies also have a series of problems such as shortage of raw materials,high production costs,poor risk resistance and weak core competitiveness,which make the development of the whole industry extremely slow.How to promote the development of enterprises and help them overcome difficulties is an urgent problem to be solved.Budget management and Balanced Scorecard(BSC)are recognized as effective management tools for modern enterprises,in which budget assessment and evaluation is an important part of the budget,which can ensure the effective implementation of the budget;Balanced Scorecard can better sort out the enterprise strategic planning process,so as to promote the achievement of corporate strategic objectives.The introduction of balanced scorecard into the budget assessment and evaluation system to improve the budget management can help enterprises to bring into play the value of internal resources,strengthen the core competitiveness of enterprises,and promote the development of the chemical industry at the same time.This thesis selects AK AG as the research object and studies the budget appraisal and evaluation system based on BSC.First of all,through the literature review to understand the research status at home and abroad.Secondly,the current situation of the budget appraisal and evaluation system of AK AG is analyzed and the shortcomings of the budget appraisal and evaluation system of the company are pointed out;again,the thesis analyses the necessity feasibility of constructing a budget appraisal and evaluation system based on BSC for AK AG,decomposes different dimensions of the company’s strategy by using the balanced scorecard,determines the weights of the resulting indicators by using the hierarchical analysis,and develops the corresponding performance evaluation criteria and reward and punishment systems to construct a budget appraisal and evaluation system after the introduction of BSC;finally,the thesis proposes corresponding safeguards after the construction of the BSC-based budget appraisal and evaluation system so that the new system can be better implemented.This thesis introduces BSC into the budget appraisal and evaluation system,aiming at achieving better results for the enterprise budget and playing a great role in improving the competitiveness of the enterprise.I hope that the research content of this thesis can provide a reference for the budget appraisal and evaluation system in China’s chemical industry.