Transaction and file timestamps

Q:

Why do the transaction and file timestamps in the FRS reports seem to be hours later than when the files were opened or when the transactions were done in CICS?

A:

Because the third parameter of your SUBSYS parameter is specifying or defaulting to GMT rather than LOCAL time.  To fix change it to:

SUBSYS=(LOGR,DFHLGCNV,LOCAL,COMPAT41V)