Financial:
* Financial Reporting Standards: This is the most common meaning of FRS. It refers to a set of accounting standards that are used to prepare financial statements. Different countries have their own Financial Reporting Standards, such as the International Financial Reporting Standards (IFRS) or the US Generally Accepted Accounting Principles (GAAP).
* Federal Reserve System: This is the central banking system of the United States.
Other:
* First Responders: This refers to emergency personnel such as police officers, firefighters, and paramedics who are the first to arrive at the scene of an emergency.
* Family Resource Specialist: This is a professional who provides support and resources to families.
* Foreign Relations Section: This is a department within some organizations that handles international relations.
* Fire Resistance Standards: This refers to a set of regulations and standards that specify fire resistance requirements for buildings and other structures.
To understand what FRS means in a specific instance, you need to consider the context in which it's being used.