Responsibility accounting, at its core, is a simple concept—it’s about assigning specific roles and responsibilities to various teams or departments within a business. But while this might sound straightforward, you may be wondering what exactly the point of this system is and why so many companies choose to implement it. […]

FPR Full Form in Insurance: The First Premium Receipt (FPR) in insurance serves as the starting point for any insurance policy. As the first official document exchanged between the policyholder and the insurer, it signifies the beginning of the insurance contract and confirms the policyholder’s coverage. This receipt not only […]