Changing from straight-line depreciation to double declining-balance depreciation is an example of a change in an accounting principle.

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Changing from straight-line depreciation to double declining balance depreciation represents a change in the method of applying an accounting principle, which is considered a change in accounting principle. This change affects the way assets are depreciated over time, altering the pattern of expense recognition.

Changing from Straight-Line Depreciation to Double Declining-Balance Depreciation Is an Example