relate to the textbook of intermediate accounting 14th edition, chapter 12 good will. The paper on this topic will probably be more focused on explaining the Goodwill impairment process before and after the change and less focused on the anticipated impact (although there is likely to be a big impact for some companies).Some portions of that process can be very costly, particularly in cases where the company has to hire an expert to appraise the value of the acquired ?division?Companies convinced the FASB that this significant cost was unnecessary in many cases when the Goodwill asset value was clearly not impaired. So, the new requirement includes first performing a qualitative analysis to determine if it is more likely than not that the Goodwill value is impaired; if that qualitative analysis suggests that the Goodwill value could be impaired, then the company proceeds with the normal process of evaluating the impairment.

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