Research On The Comprehensive Budget Management Of Q Petrochemical Enterprise Based On The Integration Of Business And Finance

The 20th Party Congress clearly put forward the need for state-owned enterprises to accelerate the construction of a new development pattern and promote high-quality development.The Guidance on Accelerating the Construction of a World-Class Financial Management System for Central Enterprises issued by the State Council in 2022 points out that state-owned enterprises need to accelerate the improvement of financial management capabilities and build a world-class financial management system,of which continuous improvement of comprehensive budget management is a key part.The development and improvement of comprehensive budget management of state-owned enterprises can effectively strengthen the internal control of enterprises,play the role of overall planning and resource allocation of enterprises,and can provide strong support for enterprise decision-making.The principle of integration is put forward in the Basic Guidelines on Management Accounting issued by the Ministry of Finance,which clearly states that management accounting in China’s enterprises should organically integrate finance and business in the application and implementation,and the newly issued Guidance on Accelerating the Construction of World-Class Financial Management System in Central Enterprises in 2022 also puts forward the integration of industry and finance into financial changes.Based on the above background,this thesis adopts case study method,questionnaire survey method and interview method to take Q Petrochemical Company,a state-owned enterprise,as an example,to sort out the current situation and implementation effectiveness of Q Petrochemical Company’s comprehensive budget management,and summarize some problems in Q Petrochemical Company’s comprehensive budget management: firstly,the budget strategy orientation is not strong,secondly,the budget preparation science is inappropriate,thirdly,the monitoring and analysis in the budget implementation process is not in place,and fourthly,budget assessment index setting is imperfect The above problems are mainly caused by The causes of the above problems are mainly in the aspects of ideological awareness,internal company strategy and information construction.In order to solve the above problems,this thesis proposes corresponding optimization countermeasures from various aspects of comprehensive budget management,including: first,clarifying corporate strategy,decomposing budget objectives and implementing strategic financial control;second,integrating and applying various management accounting tools in the process of budget preparation and improving budget preparation methods;third,integrating business processes in the process of budget control,improving budget analysis capability and promoting the construction of comprehensive budget Fourth,increase the assessment of business indicators in the budget assessment process and build a diversified budget assessment reward and punishment mechanism.Taking Q Petrochemical Company as an example,this thesis integrates theory and practice with the current situation and problems of comprehensive budget management,and proposes a targeted plan for optimizing comprehensive budget management based on the perspective of business-financial integration.It aims to help Q Petrochemical Company to carry out financial transformation,drive the deep integration of business and finance,improve the core competitiveness of the company,and promote the company to high-quality development.