Management Skills: Strict Implementation, Analysis And Assessment Of Financial Budgets

In the choice of timing of budgetary control, most enterprises in China carry out results control on enterprise financial budgets.

Under such control, the actual deviation has been formed, and the loss has already occurred. There is no alternative but to adjust the financial budget of the next year.

If we choose process control and result control, we can not only achieve the result control effect, but also through process control, especially the establishment of enterprise financial budget report system, can timely adjust the deviation in the process of budget execution, and ensure the smooth implementation of the budget.

First of all, the budget execution process is the key link of the whole budget.

Once the budget is confirmed, it has "legal effect" within the enterprise.

After the completion of the budgeting, all departments of the enterprise not only clearly defined the tasks of the Department, but also clearly saw the objectives of the whole enterprise and the impact of the activities of the Department on the overall objectives.

Therefore, all departments must strictly enforce the budget and make the whole budget.

Set up the concept of budget.

Only strict and conscientious execution

In order to achieve the goal of budgetary management control, the occurrence of every business should be linked to the corresponding budgetary items.

Secondly, we should summarize and analyze the budget implementation in time.

At the end of each budget period, through the comparison of financial statements and budget statements, detailed pre and final analysis reports are worked out to find out the deviations between actual and budgetary indicators, and analyze the reasons for the differences: when budgetary deviation is concerned, the budgetary indicators should be adjusted in time; those who belong to the implementation deviation should correctly analyze the crux of the problem, summarize the problems and contradictions in the production and operation process, and give enterprises continuous operation or change.

Provide the real situation, and do the basic work for the next assessment of rewards and punishments.

The enterprise's financial budget should be based on the long-term strategy and development plan of the enterprise, and consider the future policies, regulations, economy and natural factors. It should collect and compile the general budget of the enterprise from the bottom up, and be approved by the enterprise budget committee as the formal budget plan of the enterprise.

But the implementation of the scheme must be decomposed into internal units as a whole, which is one of the key links in the financial budget management of enterprises.

Thirdly, we should strictly examine and establish the concept of "assessment and rewards and punishment is the lifeline of budget work" to ensure that budgetary management is put in place.

Without assessment, budget work cannot be carried out and budget management becomes meaningless.

Strict examination is not only to compare the budget target value with the actual execution result of the budget, confirm the results, find out the problems, analyze the causes, and improve the future work. It is also aimed at impartial rewards and punishments for the employees, arousing the enthusiasm of the staff and ensuring the ultimate realization of the strategic objectives of the enterprises.

Rewards and punishments are important links to ensure the completion of budgetary goals. Only rewards and punishments can ensure the seriousness of the budget and ensure the convergence of all links in the management process.