Capital Expenditure Approval Checklist ( FINANCE )

This checklist is designed to ensure that all necessary steps are taken before approving capital expenditures within the organization, promoting accountability and strategic investment.

• Identify Capital Expenditure Request

  Gather all requests for capital expenditures from different departments.

• Review Justification Document

  Check the justification documents for each request to ensure they align with strategic goals.

• Evaluate Cost-Benefit Analysis

  Assess the cost-benefit analysis provided for each request to determine potential return on investment.

• Verify Budget Availability

  Ensure that there is budget availability to cover the capital expenditure without affecting operational funds.

• Obtain Necessary Approvals

  Route the requests through the appropriate approval levels based on the organization's policy.

• Document Approval Decisions

  Record all decisions made on the capital expenditure requests for future reference and auditing.

• Communicate Outcomes to Stakeholders

  Inform all relevant stakeholders about the outcomes of the capital expenditure approvals.