When a company changes from straight-line depreciation to double-declining-balance depreciation,the change is reported

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Changing from straight-line depreciation to double-declining-balance depreciation is considered a change in accounting estimate. Accounting estimates are often revised as new information becomes available, and such changes are accounted for prospectively, affecting the current and future periods, not past periods.

When a Company Changes from Straight-Line Depreciation to Double-Declining-Balance Depreciation,the