Any goodwill created in a merger must be amortized over its expected life, usually 40 years, for shareholder reporting purposes.

Name: Any goodwill created in a merger must be amortized over its expected life, usually 40 years, for shareholder reporting purposes.
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Quizplus · Accepted Answer

Goodwill is no longer amortized for accounting purposes. Instead, it is tested annually for impairment under current accounting standards (e.g., IFRS and US GAAP).

Any Goodwill Created in a Merger Must Be Amortized Over