Study On Total Budget Management Of Group A Based On Balanced Scorecard

Comprehensive budget management is a modern management mode,with mechanism,strategic,full staff and many other management methods cannot replace the functional characteristics,has always been one of the main management mode in the company management.Therefore,the analysis and research on it has been highly valued by many scholars and management practitioners.It is not only an important issue in corporate finance and management accounting,but also a very practical application problem.Some existing theoretical and empirical results show that within the company,the effectiveness of comprehensive budget management has played a positive role in promoting the company’s business decisions.And build a good budget system,can bring managers critical financial data and decision-making help,help them improve the level of the company’s budget management,help the company for the best resource allocation,the company’s production operation behavior of effective regulation,so as to help the company to achieve their own strategic purpose.This paper takes Group A as the research subject,based on the comprehensive budget management theory and the balanced scorecard theory,and through the analysis of the current situation of Group A’s comprehensive budget management,while affirming the effectiveness of Group A’s implementation of the existing budget management,reveals the problems in Group A’s budget management,such as the disconnection between budget and strategic objectives,the relaxation of capital budget,and the failure to include non-financial indicators in performance evaluation,At the same time,the causes of the problem are analyzed.Then,starting from the summarized problems and aiming at achieving the strategic objectives of the enterprise,it explores how to improve the budget management system of Group A,so as to better improve the combination of Group A’s strategic planning and comprehensive budget indicators,and enhance the strategic management ability of Group A.In the process of improvement,the concept of the balanced scorecard is introduced.Through the analysis of the characteristics and advantages of the balanced scorecard,how to effectively link the enterprise strategy and the balanced scorecard is studied,and then this advantage is grafted into the comprehensive budget management of Group A to further optimize the budget indicator system.At the same time,this paper also makes A summary of Group A,A profound analysis of its budget management,and uses relevant theories,according to the problems faced in the budget management of Group A,the structure of its comprehensive budget management system to the maximum improvement,so as to show A certain innovation.Improved budget index system can be A group current budget system to some extent,the balanced scorecard in the application of comprehensive budget management theory is beneficial,but also for other companies in improving the practice of comprehensive budget management system has played a good reference role.