"Comprehensive budget management is an important means of refined management and efficient operation of the Group, which is of great significance for promoting the Group to establish and improve the budget management system and give full play to the function and role of budget in enterprise financial management." The person in charge of the group's financial management department said, "Total budget management is to make everyone realize the maximum benefit with the least number of people, the lowest consumption, the fastest speed and the best quality through budget, and to have systematic thinking, refine budget indicators, gradually improve and follow up quickly."
The comprehensive budget emphasizes "full participation", and the heads of all departments and employees in all positions should participate in the budget preparation and implementation from top to bottom. Among them, budgeting is the starting point of comprehensive budget management, and budgeting according to standardized and scientific processes is helpful to the effective implementation of comprehensive budget management. The Chief Accountant of the Group takes the lead personally, and a special person forms a special class for budget work, establishes a WeChat working contact group, holds regular working meetings, closely follows the relevant comprehensive budget documents and spiritual requirements of superiors, listens to the progress of various departments in preparing departmental budget drafts and key data budget guiding objectives, and studies and solves the problems encountered in the preparation process. Finally, at the end of July, the Measures for Comprehensive Budget Management of Lu 'an Chemical Industry Group (Trial) was formulated and issued. In August, the kick-off meeting of 2022 budget preparation was held, and at the end of September, the Outline of 2022 Budget Preparation of Lu 'an Chemical Industry Group was formulated and issued.
Comprehensive budget emphasizes "all-round", which is reflected in all economic activities of enterprises, including operation, investment, finance and other activities, as well as people, finance, goods, supply, production and sales, and so on, and must be included in budget management. The budget management office organizes all business departments to prepare and issue guiding target values including product production and sales, selling price, income, unit cost and other factors for chemical departments, energy departments and multi-departments respectively; By adopting the "list cost budget table by specialty", the method of reporting by specialty and auditing by specialty is implemented to improve the scientificity of budget preparation; Specific requirements are put forward from the aspects of business and financial integration, strengthening capital budget, annual budget target orientation, grading authorization and approval step by step, budget preparation format, reporting channels and so on. At the same time, in order to do a good job in the basic budget, the Group conducted a comprehensive investigation on the "three-year" operation of each unit from 20 18, 20 19, 2020 and 202 1 to July, and finally formed the "Report on Production Mines of Group Companies" and "Report on Chemical Sector of Group Companies".
Comprehensive budget emphasizes the "whole process", which is reflected in the fact that all economic activities organized by enterprises must be included in the budget management before, during and after the event, that is, comprehensive budget is not limited to budget preparation, decomposition and release, but a management activity composed of a series of links such as budget preparation, implementation, analysis, adjustment, assessment, rewards and punishments. The comprehensive budget revolves around three basic links, namely, "making policies before work, making changes during work and making results after work". Based on the group's strategic development objectives, the overall budget objectives are determined, which are decomposed step by step according to the organizational structure and implemented in all links and responsible subjects. Through the budget, the whole group will become a dynamic and flexible whole system, and the management mechanism will be improved.
"This is the first time that the Group has carried out comprehensive budget work. The whole group takes this work seriously with the attitude that it will be completed on schedule and overcome difficulties. Effectively improve the budget index system, establish and improve an effective communication mechanism, and properly handle various problems in the development of budget work. By carrying out comprehensive budget work, we will improve the operating efficiency of enterprises, standardize the operation and management of enterprises, and ensure the healthy and sustainable development of the Group. " The head of the financial management department of the group said.
The year 2022 is a crucial year for Lu 'an Chemical Group to fully implement the "14th Five-Year Plan", accelerate the construction of a new development pattern, and take solid steps towards the grand vision of building a world-class chemical group driven by innovation. It is necessary to constantly upgrade industrial development and solve problems in reform and innovation, and also to constantly improve the management mode and strengthen the rigid constraint of budget, so as to promote the overall improvement of the management level of the group. (Hao Zibing)