Quality of Financial Reports Produced by Computerized Accounting System Used by Factset Philippines, Inc.: A Comparative Study

— This thesis seeks to investigate the comparative study of the quality of financial reports produced by Computerized Accounting system used by Factset Philippines Inc., with a particular emphasis on identifying the characteristics of quality of financial reports. Utilizing the book of Valix, this study investigates the quality of financial reports such as relevance, comparability, verifiability, faithful representation, timeliness and understandability. In addition, the study investigates the moderating effect of demographic variables such as age, gender, position, educational attainment, and length of service of the Analysts. The findings revealed that relevance, comparability, verifiability, faithful representation, timeliness and understandability had a significant positive effect on the quality of financial reports produced by supercore and FFR system. On the basis of the findings, a proposed output to know the differences of the two system, the output focuses on improving the FFR system by adapting some of the good functions of the supercore and the functions that the FFR don't have. In conclusion, this research contributes to our understanding of the quality of financial reports produced by Computerized Accounting system used by Factset Philippines Inc. The findings highlight the significance of quality of financial reports to both systems. The proposed output provides recommendations for addressing the issue on both systems. It is anticipated that this research will assist policymakers, analysts, and company in their decision making and strategies.