How do Other Comprehensive Income (OCI) items reported by a subsidiary affect the consolidated financial statements? What portion of OCI reported by the subsidiary is included as accruing to the parent? To the NCI?

Under what circumstances would a parent cease consolidation of a subsidiary?

How do unrealized intercompany profits on the intercompany downstream sale of inventory affect the computation of consolidated net income and income to the controlling interest? How are they affected on an upstream sale?

Why must intercompany inventory transfers be eliminated in the consolidation process?