Examples of ASU in a sentence
The Board of Governors adopted this standard using the modified retrospective method to report results under ASU 2016-13 for reporting periods after January 1, 2023.The adoption of this standard did not impact the Bank's financial statements.
Accounting Pronouncements Not Yet Adopted Disclosure Improvements In October 2023, the FASB issued ASU 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative.
PAC-12 START• ASU is 4-1 through their first five Pac-12 games for the second consecutive season.
The 40 wins are the most in the nation during that span.• ASU is 5-0 in games decided by three points or fewer this season.
In June 2016, the FASB issued Accounting Standards Update (ASU) 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, amended in subsequent related ASUs. ASU 2016-13 introduces the CECL methodology which replaced the previous GAAP method of calculating credit losses.