Please answer a and b tks xx

Question 1: Theory a) Identify five different user groups of financial statements information and provide an explanation of the information needs of each user group. Learners are encouraged to provide examples to demonstrate their understanding. (30 marks) b) After her first year of trading, Niamh received her financial statements from her accountant. Niamh admits that she has little knowledge in relation to financial accounting and has come to you for some help in relation to explaining some accounting balances in the financial statements. Explain the following accounting balances providing examples to illustrate your understanding: Profit Trade payables Net book value Capital Intangible asset