Research On Comprehensive Budget Management Of Yongtai Energy Company Based On BSC And AB

Comprehensive budget management is an important management tool for enterprises.Enterprises improve their performance by using comprehensive budget management tools.The 13 th five year plan clearly puts forward that in order to further develop the economy,China must change the mode of economic development and adjust the economic structure,which intensifies the competition in China’s market economy.Therefore,in this context,enterprises can achieve better development only by continuously improving their core competitiveness and paying attention to their management ability.In the process of implementing internal control management,budget management plays a leading role.Budget management can integrate preliminary planning content,coordinated development content,control content,incentive content and evaluation content.Therefore,enterprises need to pay attention to the importance of budget management in implementing internal control strategy.However,the domestic market environment is becoming more and more intense,and the internal and external business environment is changing complex,which leads to problems in the traditional budget management model with prominent characteristics,such as the inability to implement the organizational strategic intention,the inability to optimally allocate resources,the disconnection of reward system from non-financial indicators,etc.Therefore,the author stands in the perspective of Balanced Scorecard(BSC)and activity-based budget management(ABB)to comprehensively manage the enterprise.When the enterprise implements the comprehensive budget management strategy,the author uses the Balanced Scorecard and activity-based budget methods to give full play to the role of these methods in improving the enterprise competitive advantage,the rapid implementation of strategic management and the continuous appreciation of enterprise value,which are the advantages that the traditional budget management methods do not have.Based on the comprehensive budget management theory,balanced scorecard theory and activity-based budget management theory,this thesis selects Yongtai energy company as the research object,and uses the literature research method,case study method and field investigation method to introduce the actual situation of the company’s implementation of budget management strategy at the level of setting objectives,budgeting,implementation and evaluation budget,It is determined that there are some problems in the implementation of budget management,such as the company’s budget can not be highly strategic objectives,the lack of scientific budgeting methods,the lag in controlling and analyzing budget implementation,and the single comprehensive budget assessment index.Then,with the introduction of Balanced Scorecard and activity budget,optimize the design of comprehensive budget management scheme,determine the specific weight of assessment indicators through the application of analytic hierarchy process,enhance the effectiveness of the evaluation effect obtained by using the budget management system,and optimize the budget objectives,budget preparation,budget implementation and evaluation index system.Finally,from the institutional level,human resources level,organizational level and technical level,determine the safeguard measures for the operation of the comprehensive budget management system,so that the same type of enterprises can learn from the advanced experience when implementing the comprehensive budget management strategy.