Could you give me further explaination and example about the topic in the picture

, I don't understand the difference between Financial reporting quality & Financial resulting quality that these pictures tried to summarize the difference of these two.

Thank you so much for your time.

Financial reporting quality: - Relate to the quality of information in financial reports (BS, IS, CF) \& disclosures in notes. - Financial reporting quality varies across companies. - High-quality reports contain information that is relevant, complete, neutral, and free fror error. - High-quality financial reporting provides: - useful information to analysts to assess a company's financial performance \& prospects. - the information that is relevant and faithfully represents economic reality of company's activities \& financial condition. - Low-quality financial reporting contains inaccurate, misleading, or incomplete information. - The lowest-quality financial reports contain information that is pure fabrication. Financial resulting quality / Quality of reported results / Earnings quality: - Relate to earnings \& cash generated by company's actual economic activities and the resulting financial condition. - Eamings quality includes quality of earnings, cash flow, and/or balance sheet items. - Earnings (results) quality can range from (1) high \& sustainable to (2) low \& unsustainable. - High-quality earnings result from activities that a company will likely be able to sustain in the future and provide a sufficient return on company's investment. - Providers of resources prefer high \& sustainable earnings. - These two concepts (financial reporting quality \& financial resulting quality) are interrelated because a correct assessment of earnings quality is possible only when there is some basic level of financial reporting quality