The bank reconciliation of XYZ Ltd reveals a significant bank error in XYZ’s favour that will probably go undetected. As the accountant, you contact the general manager, who suggests that the bank has...

The bank reconciliation of XYZ Ltd reveals a significant bank error in XYZ’s favour that will probably go undetected. As the accountant, you contact the general manager, who suggests that the bank has probably made errors in its favour in the past and that the bank should not be informed of its error. What should you do?