Practical Significance Of Implementing Financial Budget Management Audit

With the deepening of China's economic system reform, the separation of the two rights of ownership and management rights and the structure of property rights are becoming more diversified. Under such circumstances, in order to meet the needs of investors, the operators' control and planning of enterprises must expand from the business results (profit budgets) to the business process (business budgets and capital budgets), and then extend to the quality of operations (asset liability budgeting and cash flow budgeting). Budget management has become an inevitable choice for investors and operators in the new situation.

1. changes in the financial nature of enterprises require the implementation of financial budgets. management audit 。 With the development of market economy, the internal and external relations of enterprises have changed significantly. The financial activities of enterprises are no longer simple funds receipts and payments, but rather complex activities, including financing, investment decisions and daily management.

enterprise Financial activities The transformation of nature raises higher requirements for the management of enterprise financial activities. It is urgent to establish a financial management and supervision mechanism that is compatible with the market economic system and the nature of financial activities of modern enterprises. According to the experience of successful enterprises, the implementation of financial budget management audit is an effective mechanism for strengthening financial management under the conditions of market economy.

2. the procedural management of budget management calls for strengthening the audit of financial budget management. The implementation of budget management is based on procedural management. Through top-down and bottom-up "bargaining" process, the budgetary indicators can be decomposed at various levels and implemented to the various responsible units. After the implementation of the economic efficiency objectives, it is a matter of concern for the top management of enterprises to strictly enforce the budgetary system. In view of this, we must implement the auditing system of financial budget management.

Three internal auditing The unique function helps to strengthen the audit of financial budget management. Based on the unique supervisory function of internal audit, financial budget management audit plays a positive role in strengthening financial budget management.

First, it is conducive to promoting the reform of the budget management system. In the process of implementing the financial budget system, some systems and policies may still be imperfect and reasonable. In the process of implementation, various new situations and new problems will arise, which need to be perfected and standardized step by step through auditing supervision. Only through auditing and supervision through budget can we support the smooth implementation of the financial budget management system and promote the realization of the goal from the source.

Two, it is conducive to promoting the financial departments to act according to the rules. The finance department is a specific organization of revenue, distribution and management of budgetary funds. Through the implementation of the audit of financial budget management, it is helpful for the financial department to gradually standardize the operation of financial funds, to eliminate waste and waste, and to make good preparations for group companies.

The three is conducive to the standardized operation of supervision departments. In the auditing practice, we can see that some departments are wasting money, embezzling and misappropriating, resulting in the loss of state assets and enterprise assets. The budget execution audit, through monitoring the Department's audit, tracks and monitors its revenues and expenditures, so as to encourage them to manage their assets well and make good use of funds.