Description: With worldwide business interests that could be impacted by his policy choices, Donald Trump’s presidency raises a broad range of potential conflicts of interest. Some suggest it’s an ethical minefield. And, perhaps surprisingly, there is no law preventing a sitting president from maintaining all of these outside business interests while sitting in the White House.
Date: November 9, 2016
1) What surprised you most about this article?
2) Do you think there should be a law dealing with how a president handles their own business interests while in office? If so, what would such a law say?
3) Wiley’s Auditing: A Practical Approach discusses how auditors use the five threats to independence to evaluate their own independence prior to each engagement. Which of these threats might be most applicable to the President-elect’s conflicts of interest?