Compustat is a product from the US-based rating agency Standard & Poor's, offering data and news of 50,000 companies globally. It can be used to conduct deep business, financial, and industrial analysis, and can also facilitate the process of drawing charts and tables.
(Source: https://wrds-www.wharton.upenn.edu/pages/support/data-overview/)
Usage:
Compustat can only be operated on the WRDS Platform, so please follow the steps above to apply for a WRDS account.
You must apply for an account before using WRDS:
1) Visit http://wrds-web.wharton.upenn.edu
2) Click on the "Register" button or register for a WRDS Account
3) Finish the application form
4) After approval of your application, you will get an email with specific guidance on how to set your WRDS account
5) Log in to WRDS
6) Read WRDS Terms of Use
7) Use WRDS