Management objectives:

1. Efficient conduct of business
2. Preventing and detecting fraud and other unlawful acts
3. Completeness and accuracy of financial records
4. Timely preparation of financial statements

Based on the management objectives above: Explain in details according to the guidance below.

1. Why the auditors need to ensure that the management objectives are achieved?
2. How it can impact auditor's work?
3. How the ability to prevent and detect fraud and error affected the auditor's work.
4. If the internal control is able to prevent all these, what will be the impact to the company's financial statement and auditor's opinion?