COSL's Comprehensive Budget Management System in Full Swing

China Oilfield Services Limited announced that its comprehensive budget management system has successfully commenced full operation.

Since its beta launch on April 7 this year, this COSL comprehensive budget management system project has undergone three development stages including demand analysis, solutions design and system implementation. To better ensure the quality of full operation, COSL performed a trial run of the whole system using information from the Company previous year's budget.

The commencement of full operation of the comprehensive budget management system marks the beginning of a new stage in COSL's budget management. This system enables COSL's management to maintain tighter scrutiny over budget implementation in various operation units in a timely manner, thereby strengthening the Company's control over its budget management procedures. These help better ensure meeting of the budgeted targets set for each financial year.
 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Cost Accountant
Expertise: Accounting
Location: Midland, TX
 
United States Houston: Accountant
Expertise: Accounting|Financial Analyst
Location: Houston, TX
 
Staff Accountant
Expertise: Accounting
Location: Alpharetta, GA
 
search for more jobs

Brent Crude Oil : $52.72/BBL 3.31%
Light Crude Oil : $48.51/BBL 3.01%
Natural Gas : $2.89/MMBtu 1.36%
Updated in last 24 hours