本個案是真實事件的圖書館個案，藉由本個案讓學生學習使用公開資訊分析企業財務報表及財務實質，並延伸至對企業利害關係人的影響。中國人壽以2012年12月31日為基準日，將帳上持有至到期日投資全數轉列備供出售投資。雖然會計處理完全符合公報規範，卻引起主管機關高度重視。究其原因，乃因重分類的會計處理透過對財務實質的影響造成代理問題嚴重化。本個案分析重分類對財務實質之影響，係提出重分類後可能的投資決策，帶入數字計算重分類當期及之後各期淨利、綜合損益與淨值的影響數，計算是否對財務實質有利。本個案讓學生了解重分類後，無論以何種利害關係人的角度，皆不應僅看當期表現，而要將對未來的影響一併列入考慮，才能作出最佳決策。

In this library case study we aim for students to analyze the financial statements of a firm and its financial condition by using public information and to understand stakeholders’ decisions. China Life Insurance Co., Ltd. reclassified all of its held-to-maturity investments to available- for-sale at the end of 2012. The reclassification did not violate accounting regulations, but concerns were still raised by the regulator. According to our analysis, the agency problem was exacerbated by the reclassification. In this case study, the impact of reclassification on financial conditions is analyzed by proposing several investment decisions after reclassification. Net income, comprehensive income, and net worth are calculated for every year in the investment period, and the benefits of reclassification for the firm are evaluated. Through the analyses, students can learn from this case that, in addition to current financial performance, future outcomes should be considered by stakeholders when making investment decisions.