投資重分類：來自台灣地區壽險公司之敘述性證據

The investment reclassification of Taiwan life insurance companies: a descriptive analysis

林淳央(Chun-Yang Lin) ； 廖懿屏(Yi-Ping Liao)

《會計與財金研究》 9卷2期 (2016/09) Pp. 33-63

https://doi.org/10.6735/JAFD.201609_9(2).0002

摘要

本文旨在探討財務會計準則公報第34號施行後，台灣地區壽險公司重分類其持有之到期日投資之現象。當企業將其投資分類為持有至到期日，其未實現損益不得認列；而改分類為備供出售則可依公平價值評價並將未實現損益認列於權益。本文以敘述性分析之方式檢視2011及2012年間之台灣地區壽險公司，發現具有較低之權益或其資本適足率落在200%至250%之公司傾向重分類，並於重分類後迅速處分所持有之備供出售證券投資。由於此重分類之結果將損及壽險業資產負債之配適，進而影響保戶之權益，本文發現可作為監理機關之管理參考。

關鍵字

投資重分類 ； 未實現損益 ； 壽險公司

並列摘要

This paper aims to provide a descriptive analysis for reclassifying held-to-maturity (HTM) investments to available-for-sale (AFS) for life insurance companies in Taiwan after the passage of Taiwan Financial Accounting Standard (TFAS) No. 34. When firms classify investments into HTM, no unrealized gains or losses are recognized. However, if investments are reclassified as AFS, the unrealized gains or losses are recorded in equity. We find that life insurance companies in Taiwan with lower equity or RBC ratios lying between 200-250 percent tend to reclassify their investments and reclassification firms dispose the investments after reclassification during 2011 and 2012. When contents of TFAS No. 34 are similar to IAS No. 39 which has been adopted since 2013, the findings have significant implications for regulators.

並列關鍵字

investment reclassification ； unrealized gains or losses ； life insurance companies

參考文獻

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Capital Market Interest Rate Database of Central Bank of Republic China (Taiwan). Available at: http://www.pxweb.cbc.gov.tw/Dialog/varval.asp?ma= EG43Y01&ti=&path=../PXfile/EFS/&lang=9&strList=L (Last access: April, 2015).

Financial Accounting Standards Board(1993).Statement of Financial Accounting Standards No. 115 - Accounting for certain investments in debt and equity securities.Stanford, CT:FASB.

(Financial Accounting Standards Committee. (2008). Financial Accounting Standards No. 34 --Financial Instruments: Recognition and Measurement. Taiwan.).

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