According to Generally Accepted Accounting Principles,goodwill must be amortized.

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Under Generally Accepted Accounting Principles, goodwill is not amortized but instead is tested for impairment at least annually or whenever certain triggering events occur. Impairment testing involves comparing the fair value of the reporting unit (or a group of reporting units, if goodwill is allocated to multiple reporting units) with its carrying amount, including goodwill. If the carrying amount exceeds the fair value, impairment is recognized and the carrying amount of goodwill is reduced.

According to Generally Accepted Accounting Principles,goodwill Must Be Amortized