Under current U.S. accounting standards, acquirers are required to capitalize goodwill and report any subsequent declines in

Question:

Under current U.S. accounting standards, acquirers are required to capitalize and report any subsequent declines in value as an impairment charge. What performance metrics would you use to judge whether is impaired?

Goodwill
Goodwill is an important concept and terminology in accounting which means good reputation. The word goodwill is used at various places in accounting but it is recognized only at the time of a business combination. There are generally two types of...