Over the years, a substantial literature has been devoted to financial distress in general, and in particular to the independent auditor's decision to modify a report for substantial doubt about the ability of an entity to continue as a going concern. The literature appears within the popular financial press (e.g.. The Wall Street Journal, Business Week, Harvard Business Review), the professional accounting and auditing literature (e.g.. Journal of Accountanc}/, The CPA Journal, Financial Analysts Journal), and the academic research literature (e.g.. Auditing: A Journal of Practice & Theory, The Accounting Review, Journal of Accounting Research). For example, numerous articles in the financial press report financial distress coincident with an auditor's report that raises substantial doubt, articles in the professional literature report how auditors consider substantial doubt, and articles in the academic literature link stock price reaction to auditors'

reports of substantial doubt.

Required: 

Select three articles about financial distress and the auditor's substantial doubt decision—one each from the financial press, the professional literature, and the academic literature. Draft a report that:

1. Summarizes the key issues in each article.

2. Identifies key issues common to all three articles. For example, is there a question posed in one article that is answered in part in another article?