CEO Numbers Network with Danielle Hayden

How to Audit Business Expenses Like a CFO (5-Step Method)


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You can't grow a business you can't defend. Every line item on your P&L deserves a real answer when someone asks why it's there.

For years as a corporate CFO, I learned a framework for reviewing business expenses that I now use with every Kickstart Accounting client. It is a step-by-step method for small business owners who feel like their profit is leaking somewhere but cannot see exactly where. I walk through how to pull every vendor in your business, grade each one against your actual operations, and create an action plan you can defend. By the end you will know exactly how to bring boardroom-level accountability to your business spending.

In this episode of CEO Numbers Network, I break down the expense grading framework into 5 steps any business owner can execute this week.

You will learn how to audit every vendor in your business and apply the A/B/C grading system that CFOs use in boardroom reviews.

If you have ever felt overwhelmed looking at your P&L or signed up for subscriptions you can no longer defend, this episode gives you the framework to take ownership back.

👉 Discover how our CFO services can help you audit every expense in your business: here

✅ Download the Mid-Year Checklist: kickstartaccountinginc.com/checklist

Key Takeaways:

00:00 The CFO Boardroom Standard for Business Expenses

04:18 Step 1: Pull Every Vendor From the Last 12 Months

05:02 Step 2: The A/B/C Grading System Every CEO Needs

06:55 Step 3: Defend Every Expense Like You're Presenting to a Board

08:20 Step 4: Keep, Consider, or Cut Every Vendor

09:25 Why High Profit Margins Can Signal a Problem

Resources:

✨Download The Ultimate Dashboard for Business Owners for FREE here

📈 Book a strategy call with Danielle's team at Kickstart: here

👉 Check your books here

👉 Visit the Kickstart website

👉 Follow us on Instagram

Listen next

👉 The Mid-Year Reset Your Business Is Begging For

👉 Balance Sheet Mistakes Draining Your Business

...more
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CEO Numbers Network with Danielle HaydenBy Kickstart Accounting, Inc.

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