What factors might signal the likelihood that goodwill may be impaired? Explain and indicate how the auditor

Question:

What factors might signal the likelihood that goodwill may be impaired? Explain and indicate how the auditor would be aware of each of these factors.

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...