ASU
Abbreviation with 2 meanings
| Stands for | Arizona State University |
|---|---|
| Meanings | 2 |
| Categories | Education & Academia, Business & Finance |
ASU has two meanings. It stands for Arizona State University (university) or Accounting Standards Update (accounting).
Meanings of ASU at a glance
| # | ASU stands for | Context |
|---|---|---|
| 1 | Arizona State University | Education & Academia › University |
| 2 | Accounting Standards Update | Business & Finance › Accounting |
1. Arizona State University
Education & Academia · University Abbreviations
Founded in 1885 and based in Tempe, Arizona State is one of the largest US universities by enrollment, with more than 80,000 on-campus students and many more online. Its Sun Devils joined the Big 12 in 2024.
Example: ASU Online lets him earn a bachelor's degree while working full time.
Under president Michael Crow, ASU has emphasized access and innovation, and U.S. News has repeatedly ranked it first among "most innovative schools". Starbucks employees can earn ASU online degrees with full tuition coverage. ASU also abbreviates Alabama State, Appalachian State and other universities regionally.
2. Accounting Standards Update
Business & Finance · Accounting Abbreviations
Document issued by the Financial Accounting Standards Board to amend the Accounting Standards Codification, numbered by year and sequence, such as ASU 2016-02 on leases. Each ASU explains the change, its effective date and transition rules.
Example: ASU 2023-07 requires public companies to disclose significant segment expenses starting with 2024 annual reports.
ASUs are not authoritative on their own; they become part of US GAAP once incorporated into the Codification. Companies must disclose recently issued ASUs that may affect them. Effective dates often differ for public and private companies, with private companies usually getting an extra year.
Related abbreviations
More university abbreviations
- AIIMS – All India Institute of Medical Sciences
- ANU – Australian National University
- AU – American University
- BC – Boston College
- BSU – Boise State University
- BU – Boston University
- BYU – Brigham Young University
- Cal Poly – California Polytechnic State University, San Luis Obispo
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