What is goodwill in the context of merger accounting? What must an acquiring company do if the

Question:

What is in the context of merger accounting? What must an acquiring company do if the value of an acquired company is revealed to have declined after a merger?
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...