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A Study on the Employment of Comprehensive Budge Management in Sinopec Yunnan Branch

Author: LiMin
Tutor: AnYiMin;HouYongNing
School: Yunnan University
Course: Business Administration
Keywords: Comprehensive budget management Yunnan Branch of oil Use Research
CLC: F426.22
Type: Master's thesis
Year: 2010
Downloads: 281
Quote: 0
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Abstract


In China, with the establishment of a modern enterprise system, and constantly improve the overall budget management to standardize enterprise behavior, strengthen internal control has played an increasingly important role, and people generally agree. But for the majority of our businesses, how comprehensive budget management to improve enterprise management level and Chuangxiao still a new issue of its management. This has formed and built up a theoretical study on the comprehensive budget management, Practice, guidance and legal norms, no doubt played a significant role in promoting Chinese enterprises to implement and improve the overall budget management. However, as a new management concept, the overall budget management in China started late, especially in practical work, due to the presence of some cognitive bias, promote the comprehensive budget management there are many debatable issues. To this end, I combined the two years to participate in the hands of the management of the company's budget, choose a the Branch system under the comprehensive budget management system and related issues are discussed. Attempting to some errors by analyzing the Yunnan Branch of oil in the perception of the overall budget management, practice of combing budget management in the problem, and then propose the corresponding improved method, the overall budget management mode in order to explore the most suitable for the development of the Yunnan Branch of oil comprehensive budget management functions and role play an effective, fully integrated budget management and the company's strategic objectives. This paper is divided into five parts: The first part describes the thesis background, objectives, framework and contribution. The second part describes the theoretical basis of the budget management and practical significance. First, the clear meaning of the budget and budget management, discusses the development of the budget management theory. Clear comprehensive budget management philosophy, by explaining the role of the comprehensive budget management in the areas of performance evaluation, internal control and prevent risks, the company and the need for the implementation of a comprehensive budget management. Third, through the analysis of the principal - agent theory, incentive theory and control theory, indicating that the intrinsic motivation of the management of the budget, and provide a theoretical basis for the enterprise implementation of budget management. The third part of the Yunnan Branch of oil, for example, specifically discussed a number of problems in the implementation of a comprehensive budget management and manifestations, the discussion focused on the problems of the budget environment, budget preparation and execution, and budget monitoring. The fourth part of the implementation of a comprehensive budget management problems summary based on the Yunnan Branch of oil from the budget system budget mode selection and rational allocation of resources, the internal control system is perfect, and evaluation and incentive the sound mechanism proposed solution. The fifth part of the concluding remarks. Due to the limited time and experience, this involves only a part of a comprehensive budget management in the branch system, an independent company and organizational structure for the overall budget management in this article is not in-depth study.

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