Capital Expenditure Review Checklist ( FINANCE )

This checklist ensures that all capital expenditures are properly reviewed, justified, and approved before any financial commitments are made. It helps in assessing the necessity and impact of the proposed expenditures on the overall financial health of the organization.

• Identify Proposed Capital Expenditures

  Gather a list of all proposed capital expenditures that need to be reviewed, including project descriptions and estimated costs.

• Conduct Needs Assessment

  Evaluate the necessity of each proposed expenditure in relation to organizational goals and objectives.

• Perform Cost-Benefit Analysis

  Analyze the expected benefits of the capital expenditures against their costs to determine the potential return on investment.

• Review Project Justifications

  Ensure that each proposed expenditure includes a detailed justification outlining its strategic importance and anticipated outcomes.

• Assess Funding Sources

  Identify potential funding sources for the proposed expenditures and confirm their availability.

• Obtain Necessary Approvals

  Ensure that all required approvals from management and relevant stakeholders are obtained before moving forward.

• Document Review Outcomes

  Record the results of the review process, including any decisions made regarding the proposed expenditures.

• Communicate Decisions

  Inform all relevant parties of the outcomes of the capital expenditure review and any actions required.