5 3. What type of institute should go through statutory audit and what type of institute should go through government audit? Explain with examples. 4. Your firm acts as auditor to Cool Car Ltd, a retail car dealer. During the course of your audit for 5 the year ended 30 June 2020. you discover that the company's sales manager, assisted by the accounts clerk, has deliberately falsified details of the value of vehicles sold in order to increase his monthly bonus payments. Set out your responsibilities in respect of the above matter and contrast these with the responsibilities of the management of Cool Car