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Douglas Harper's Etymology Dictionary
arsy-versy

"backside foremost," 1530s, probably a reduplication from arse, perhaps with suggestions from reverse.

Usage examples of "arsy-versy".

Shortly, when he re-engaged, I would either be a butterfly pinned to that wall, or stumble over something unseen, go arsy-versy, then spiked like wastepaper in the park.

So you get a friend, like me and Billy Pitt, to do yours, you sitting on a cheese of wads at your ease, or maybe a bucket turned arsy-versy.