Enterprise architecture (EA) has gained increasing recognition from industry and academia because of the support it provides for alignment of business and technology. To achieve this alignment, an EA responds to business concerns with technology solutions based on transition architectures. Both require support from financial analysis. Various researchers and practitioners have developed financial analysis approaches, but most: 1) use poorly standardised concepts; 2) ignore rapidly changing technology; 3) use limited procedures for financial analyses. This review provides specific information about the current situation of financial analysis available for EA, describes approaches found in a literature review, and proposes challenges and future research directions.