According to the Turkish Accounting Standards, it has been stated that impairment test must be done to report declines in the value of goodwill. The aim of this study is to put forward the impairment (value lowness) implementations of businesses related to goodwill in Turkey. Accordingly, the content of the reports on the goodwill in the companies which were traded in BIST (Istanbul Stock Exchange) between the years 2018 -2020 has been analyzed. At the end of the research, it has been found out that some companies corrected their goodwill values according to the impairment test results. Nevertheless, it has also been identified that many companies drew their reports by going for a reduction in goodwill value without carrying out an impairment test. Optional non-standard implementations can cause errors and wrong judgements by decision makers. In order to eliminate this negative situation, compulsory, simple, understandable, and lower cost arrangements are needed in the Accounting standards.