Discussion forum post | Business & Finance homework help
Whether the proposed change in assets’ useful life is unethical or a good business practice depends on the specific situation and context. On one hand, it could be seen as an attempt to manipulate financial results by artificially extending the depreciation period in order to reduce expenses, thus giving a false impression of profitability. On the other hand, if there is evidence that suggests that the asset will have a longer useful life than initially estimated then changing its depreciation schedule may actually be good business practice. Thus, it is important to consider all relevant factors when determining whether this type of change is ethical or not.