This flowchart is useful for clearly expressing the evolution of a budget and capital expenditure. It displays the project step by step using the correct visual grammar.
Text in this example:
Capital Expenditure
Accounting Manager assigns project code
Detailed budget & justification
prepared
New Project Initiated
Project cost variance <5%
Project cost variance >5%
Get CFO Authorization
Submit to Accounting Manager to Process
Not Approved
Meets Approval by Department Manager, CFO, and CEO?
Modify Project