Lesson Introduction: Our company is spending too much money, and costs are out of control! Who's responsible? It's not who you think! Listen to today's podcast and learn how to describe company spending, in English.

A: OK, so now the last point on our agenda. Jill, let’s go over the profit and loss statement.
B: Great. Well, the main issue here, as you can see,is that our expenses are through the roof.
A: Let’s see... These numbers are off the charts!What’s going on here!
B: Well, um, sir, the company expenditures on entertainment and travel are out of control. Look at these bills for example. Just this month we’ve paid over twenty thousand dollars for hotel charges!
A: OK, thank you. I’ll look into it.
B: The list goes on and on. Here, this is a bill for five thousand dollars for spa treatments!

A: Thank you; that will be all. I’ll take care of it.
B: Look at this one sir, eight thousand dollars were spent in one night at a place called ”Wild Things”?!
A: OK, I get it!! Thank you for your very thorough analysis!

go over   revise, check
through the roof   suddenly very high
off the charts  very high
expenditures   amount of money spent on something
out of control   not in control
look into  investigate, try to get information about something
go on and on  continues
take care of  do something about
revenue   amount of money paid to a business
cash flow  the movement of money into and out of a business
the bottom line   the net profit; the amount of money a business makes after expenses
finances  the amount of money you have and how well it is organized
income  the amount of money a person or a company makes
assets  things of value that are owned by a company