Amp Financial Company of Australia and New Zealand

This research study analyzes the business of the AMP Financial Company and also evaluates their financial data (Kelly et al., 2016). In the recent days, the AMP Financial Company leads the entire wealth management industry in Australia and New Zealand. The AMP Financial Company helps their customers by providing them financial advice, superannuation services for the business of their customers, retirement income, investments on individual products, life insurance, income protection, etc. The most important business significance of this AMP financial company is to provide services to their customers regarding all banking issues such as income protection, financial advice, selection procedure of banking products, investments in share, property, fixed interest and multi-asset funds, etc. For the AMP financial company their main motto is to understand the customer needs and provide them a good quality service which leads to their satisfaction (Buckless & Krawczyk, 2016). The AMP financia l company mainly helps the other business firms by researching the financial factors which help the firm to develop and improved in future. By accepting the advice and service of AMP financial company the business firms can able to get a better quality product at reasonable price and also can able to improve the standard of their firms. By analyzing the financial data the AMP financial company helps those business firms to maintain a good reputation and corporate image within the market and also helps them to gain a high level of profitability (Abhayawansa, & Guthrie, 2014). The AMP financial company also helps the government through paying revenue on profit and all types of service taxes. In this research study, the researchers want to expand the knowledge which is related to the study of the business procedure and about the financial information of the AMP Financial Company (Chan & Ryan, 2013). By the help of literature review, different literature sources and theories are reviewed for collecting the useful data or information about the research topic. By reviewing that literature the researchers can able to make a better quality research study through which a clear idea about the topic can be derived easily. The research study will undergo various terms that will help in detail explanation of the selected topic (Yang, 2012). In the recent days, there are several numbers of financial institutions which are operating throughout every country. The AMP Financial Company have to follow three numbers of general observations about the literature review before discussing the individual approaches towards the development of the financial system of the company. Firstly, it be comes more necessary to review the literature with extra caution. The recommendations within the study suggest that the countries should also need to introduce some improvement and development and also adopt innovative ideas within their organization (Berk et al. 2013). Secondly, the literature reflects that the donors and the governments have followed an approach which leads to the supply of finance and can able to emphasize the rate of increase of supply and also reduce the rate of loan cost in some specific sectors (Ghasemy et al. 2016). Thirdly the final observation is the donors and the governments have also shied away from the using of the private sectors for providing financial services to those specific sectors. The worth extant in the finance sector is described as per to the character of the financial transaction. In the recent times, the financial sectors are seriously observing contest where Latest Corporation are entering daily (Gattorna, 2016). The AMP Financial Compan y fundamentally describes surroundings where difficulties of the customers are interwoven beside with the services of the organization. Deliver worth to the organization also explain the service that delivers value to the customers (Keneley, 2016). As per Williamson, concerns of the organizations is associated with the customers’ requirements which help in better business activities and also brings a better level of sustainability to the organization. The resource-advantage theory describes the combination of the heterogeneous resources and the heterogeneous demand of the consumers. The capital of an organization can be financial, material, legal, human-based, organizational-based, informational and relational (Oh et al., 2013). As per recognition of the individuality present inside the association, main emphasis needs to be specified so that it can out hit competitor firm as well as draw clientele based on that source. At the time of adopting resource-advance theory, the org anization should try to use the competitive advantage of the company to become the leading financial company and enjoy the greater number of customers compared to their competitor organizations. According to the study of this research process, the researchers found some research question which clears the queries to arise at the time of studying that research paper. The main research questions for analyzing the problems and opportunities of the AMP Financial company are as follows – 1.  Ã‚  Ã‚  Ã‚  Ã‚   What is the fundamental problem? 3.  Ã‚  Ã‚  Ã‚  Ã‚   What is the relationship between the issue and the company? 4.  Ã‚  Ã‚  Ã‚  Ã‚   Why is it important to overcome the problem? 5.  Ã‚  Ã‚  Ã‚  Ã‚   How the company planned to tackle the problem? 6.  Ã‚  Ã‚  Ã‚  Ã‚   How the company planned to broadcast their results? 7.  Ã‚  Ã‚  Ã‚  Ã‚   Is the cash flow is a flow of cash to the shareholders or the company? 8.  Ã‚  Ã‚  Ã‚  Ã‚   Is there having any reduction of value or cost of the fixed assets of the company? 9.  Ã‚  Ã‚  Ã‚  Ã‚   Is the annual net income of the company can able to made that year or it only become a number? 10.   Is the book value become the best proxy to the share values? 11.   Is it become possible for the AMP financial company to have positive net income which never distributes the dividends in the postponement of payments? 12.   Is it better for the company to purchase shares and assets of other company?  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   13.   How is the optimal capital structure calculated? By the help of investigate method, the investigator tried to identify the most suitable research apparatus and techniques for studying the business procedure and the financial activities in the AMP Financial Company and can able to make a better quality research study. Research methodology is defined as the explanation of the process which is undertaken at the time of studying the research topic (Durocher et al., 2015). By the help of these research techniques, the researchers can able to analyze the collected financial data which help to understand the feedback of the respondents in a better way. The researchers generally analyze the financial statement of the company for revealing the importance of those items which is included in the Balance Sheet and Profit and Loss Account. According to Macmillan and Kennedy, Financial Performance is a type of scientific process by the help of which the researchers can able to evaluate the financial strength and profitability of any type of busi ness firms (Yap et al, 2014). Financial performance is actually a snapshot through which the researchers can able to determine the efficiency and ability of the company to survive within the market. By the help of the financial performance, the position of the company within the market can also be determined. Financial Performance is actually the blueprint of all those financial affairs which takes place in the organization (Bazley et al., 2013). Basically, Financial Performance is that medium through which any organization can able to evaluate the entire management performance within the organization. The key aim of the financial performance of a financial statement for the profit and loss account and Balance Sheet of a company is to diagnose the productivity, profitability, activity, liquidity and the financial condition of the business firm (Shaw, 2016). The main objective of the business is to earn satisfactory returns on that funds which are invested within the business. Each and every individual research study has their own frame of times which allows the researcher to arrange their research activities throughout the whole research process. According to Bernard, the Gantt chart is a type of research tool by the help of which the researchers can able to make a list of the task according to the time which is taken by the researcher at the time of the study the whole research process. classification of secondary information sources Preparing interview/survey, ethics form Conclusion as well as recommendations In the table of Gantt chart, the researcher points out the most important tasks which are required to emphasis at that time when the research is conducted. Gantt chart also helps the researchers to understand the status of that particular research study. The research process is a procedure through which the entire research work is taking place. The research process of any research study takes place through certain steps (Bunney & Therry, 2013). In this research study, the researchers want to analyze the financial activities of the AMP Financial Company. Therefore, for determining the financial activities of the AMP Financial Company the researcher follows the following steps – Step 1: At first, the researchers determine the need for the research of the financial performance of the company Step 2: After that they to identify and define the problems Step 3: Then the researchers should establish the objectives of the research study on that particular topic Step 4: After establishing the research objectives the researchers should prepare a research design Step 5: After that, the researchers should able to identify the sources from where the data are collected and also can able to determine the types of information which are collected from various sources. Step 6: Then the researchers determine the process or methods through which they can able to access the data. Step 7: In the next step, the researchers prepares the forms and make a design for collecting the data Step 8: Then the researchers determine the size of the sample and make a plan for the sample collection process regarding the factors which can affect t the sample. Step 9: After that, the researchers collect the data Step: 10 Then they analyze the data critically Step 11: At last, the researchers prepare the whole research paper properly and present it. The data collection process in a realistic sense will permit the investigator in experience different types of public and also help the researchers to improve their interaction skills. By the help of the study of research concepts, the researchers can able to gain knowledge about the process of data collection and also help the researchers to analyze the financial performance of the AMP Financial Company in future (Horngren et al., 2013). The researchers adopt or select the data gathering process depending on the character and types of data collected and according to the topic of the research study. The Data collection process adds value to the research quality by enlarging the platform of knowledge. By the help of data collection process, the researchers can able to collect two types of data. The two types of data are 1) primary data and 2) secondary data. The primary data are those data which are collected by the researchers directly from the environment at the time of conducting t he research process. By the help of main data, the researchers can able to gather the most relevant facts and information though it takes enough time, as it is a long procedure in contrast to secondary data. Whereas, the secondary data are guided on the basis that comprises the online and offline source of data. There are two types of data which are analyzed by the researchers at the time of conducting the research study. The two kinds of data are – 1) Qualitative data and 2) Quantitative data. The research study is more inclined towards the outcomes related to the value due to which the customers can able to obtain a better realization and satisfaction and also can able to serve a better quality of utility as well. After reviewing the financial statement of the AMP Financial Company, the researchers determine the five-year financial summary of the AMP Financial Company. In this research study, the researchers can able to analyze the business and financial performance of the AMP Financial Company. The most important business significance of this AMP financial company is to provide services to their customers regarding all banking issues such as income protection, financial advice, selection procedure of banking products, investments in share, etc. The resources of an organization can be financial, physical, legal, human-based, organizational-based, informational and relational. As per recognition of the individuality present inside the organization, main emphasis needs to be known so that it can out hit competitor firms as well as draw clientele based on that source. The AMP financial company mainly helps the other business firms by researching the financial factors which help the firm to develop and improved in future. By the help of this research study, everybody can able to get a clear idea about the financial performance of the AMP Financial Comp any.   Horngren, C.T., Sundem, G.L., Schatzberg, J.O. and Burgstahler, D., 2013.Introduction to management accounting. Pearson Higher Ed. Bunney, D. and Therry, L., 2013. Employability skills in the Master of Professional Accounting: One school’s journey.  eCULTURE,  3(1), p.3. Shaw, T.M., 2016. 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