Goodwill
Under generally accepted accounting principles, the company is required to annually test the amount of goodwill for impairment. This annual impairment test was significant to our audit because the balance of $12,000,000 as of December 31, 20X1 is material to the financial statements. In addition, management's assessment process is complex and highly judgmental and is based on assumptions, specifically [assume assumptions are presented], which are affected by expected future market or economic conditions, particularly those in India and Nepal. Accordingly, we disclaim an opinion on the goodwill. The company's disclosures about goodwill are included in Note 6.