Goodwill impairment and amortization both reduce the value of intangible assets but work differently. Amortization spreads the cost of intangible assets with a defined useful life, such as patents or licenses, evenly over time. Goodwill, under IFRS and for public companies under US GAAP, is not amortized because its life is considered indefinite. Instead, it is tested for impairment a... https://thealgebragroup.com/what-is-goodwill-impairment