{"id":"F2015L01607","name":"AASB 137 - Provisions, Contingent Liabilities and Contingent Assets - August 2015","slug":"aasb-137-provisions-contingent-liabilities-and-contingent-assets-august-2015","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":173146,"registerId":"commonwealth-F2015L01607-current","compilationNumber":null,"startDate":"2026-04-05","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Other enquiries","sectionType":"part","heading":"Other enquiries","content":"## Other enquiries\n\nPhone: (03) 9617 7600\n\nE-mail: standard@aasb.gov.au\n\nCOPYRIGHT\n\n© Commonwealth of Australia 2026\n\nThis compiled AASB Standard contains IFRS Foundation copyright material. Reproduction within Australia in unaltered form (retaining this notice) is permitted for personal and non-commercial use subject to the inclusion of an acknowledgment of the source. Requests and enquiries concerning reproduction and rights for commercial purposes within Australia should be addressed to The Managing Director, Australian Accounting Standards Board, PO Box 204, Collins Street West, Victoria 8007.\n\nAll existing rights in this material are reserved outside Australia. Reproduction outside Australia in unaltered form (retaining this notice) is permitted for personal and non-commercial use only. Further information and requests for authorisation to reproduce IFRS Foundation copyright material for commercial purposes outside Australia should be addressed to the IFRS Foundation at www.ifrs.org.","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"rejected","complexity_score":1,"rejection_reason":"This is a navigation/copyright page fragment, not the actual AASB 137 standard. It contains no operative provisions, definitions, or substantive content — only contact details, copyright notice, and reproduction licensing terms. The actual accounting standard provisions are missing.","scope_assessment":{"changed":false,"description":"Not applicable — this is a fragment containing only administrative/copyright information, not the actual AASB 137 standard."},"complexity_factors":["No substantive legislative content present","Contains only contact information, copyright notice, and licensing terms","Zero defined terms, cross-references, or operative provisions","Standard boilerplate copyright language"],"plain_english_summary":"This document is **not legislation** — it is a **copyright notice and contact information page** for an Australian accounting standard (AASB 137). It contains no substantive legal or regulatory content.\n\n**What this actually is:**\n- A **navigation fragment** or header/footer page from the Australian Accounting Standards Board (AASB) website\n- Contact details for enquiries about the standard\n- Copyright licensing terms for reproducing the accounting standard\n\n**Why it matters:**\n- It tells you who to contact if you have questions about AASB 137\n- It explains the copyright rules: you can reproduce this for personal/non-commercial use within Australia if you keep the notice intact, but commercial use requires permission\n- It notes that the actual standard contains IFRS Foundation copyright material (Australian standards often adopt international accounting standards)\n\n**What AASB 137 actually covers (for context):**\nWhile this specific document doesn't contain the rules, AASB 137 is the Australian accounting standard that tells businesses how to recognise and measure **provisions** (liabilities of uncertain timing or amount, like warranty costs or legal settlements), **contingent liabilities** (possible obligations that depend on future events), and **contingent assets** (possible assets that depend on future events). It ensures financial statements don't overstate or understate these uncertain items."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"The provided extract does not show any change to the substantive scope of AASB 137. It is a compiled Standard containing IFRS Foundation copyright material and sets out reproduction permissions. There is no information in the supplied text that indicates a change in the Standard's substantive coverage or target population compared with the original instrument."},"complexity_factors":["Limited extract contains only administrative and copyright material, not the substantive accounting requirements of AASB 137","Two-jurisdiction reproduction regime (within Australia vs outside Australia) with different permission routes (AASB for domestic commercial use; IFRS Foundation for international commercial use)","Mandatory retention of notice and requirement for source acknowledgment for permitted non-commercial reproduction","Undefined term \"commercial purposes\" in the notice creates potential ambiguity that must be resolved during permission requests","Contact process required for commercial permissions (administrative/transactional complexity rather than substantive legal complexity)"],"plain_english_summary":"This compiled AASB Standard publishes AASB 137 and states that it contains IFRS Foundation copyright material, setting who may reproduce the document and how. It affects anyone reading, copying or distributing the Standard — accountants, educators, publishers and organisations — because commercial reproduction requires permission (AASB in Australia; IFRS Foundation outside Australia), while limited non‑commercial, unaltered use is permitted with source acknowledgement."}},"importantCases":[],"_links":{"self":"/api/acts/aasb-137-provisions-contingent-liabilities-and-contingent-assets-august-2015","history":"/api/acts/aasb-137-provisions-contingent-liabilities-and-contingent-assets-august-2015/history","analysis":"/api/acts/aasb-137-provisions-contingent-liabilities-and-contingent-assets-august-2015/analysis","conflicts":"/api/acts/aasb-137-provisions-contingent-liabilities-and-contingent-assets-august-2015/conflicts","importantCases":"/api/acts/aasb-137-provisions-contingent-liabilities-and-contingent-assets-august-2015/important-cases","documents":"/api/acts/aasb-137-provisions-contingent-liabilities-and-contingent-assets-august-2015/documents"}}