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Use the following Consolidated Statement of Financial Positions of Petrolium Nasional Berhaf (PETRONAS) for the financial year ended 2021 to answer the requirements. a. Describe

Use the following Consolidated Statement of Financial Positions of Petrolium Nasional Berhaf (PETRONAS) for the financial year ended 2021 to answer the requirements.
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a. Describe procedures to prepare consolidated financial statements
b. Define non-controlling interest
c. Explain why does non-controlling interest increase in value in 2021
d. Petronas is the only Malaysian company on the Fortune 500 list. Explain 4 factors lead to the goodwill valuation of this company.
Petroliam Nasional Berhad (PETRONAS)

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