The Government Relations Advisory Council ("GRAC") shall assume primary responsibility for considering legislative policies, current position statements and other legislative or regulatory activities as it relates to INCPAS. All actions shall be consistent with the INCPAS's mission statement. GRAC shall discharge it's duties by:
- Developing, monitoring and responding to legislation, regulation, or rules affecting the CPA profession.
- It shall consider, but not be limited to the AICPA, UAA, NASBA, and Board of Accountancy as sources and shall further consider but not be limited to the following topics: ethics, education requirements, other competing professions or designations, professional standards, professional liability, licensure, quality (peer) review, transparency and matters which regulate fees and compensation or otherwise impose taxes, duties or assessments
- As appropriate, and without Board approval, GRAC shall develop communication in matters which it feels appropriate to comment whether in favor or in opposition, and further, where appropriate, develop new legislative policy for consideration and approval by the Board prior to legislative introduction.
- In the fall of each year, GRAC shall prepare and document an annual topics agenda which prioritizes issues for the GRAC's consideration and action. Such agenda shall be submitted to the Board and may be modified as appropriate and circumstances warrant.