Audit Quality Inputs and Financial Statement Conformity to Benford's Law.

We examine whether audit quality inputs are related to the conformity of financial statements to Benford's law. We find that overall financial statement conformity increases with audit fees, nonaudit fees, and audit report lag, and decreases with audit firm tenure. We also find that these audit quality inputs are more strongly associated with income statement conformity than with cash flow statement conformity. Our findings document the role that auditing plays in enhancing the conformity of financial statements to Benford's law. [ABSTRACT FROM AUTHOR]