Given the recent discussions about cowboys, incompetence, inexperience and the whole spectrum of adjectives, plus their opposites, perhaps this is an apt time to throw this idea into the discussions.
Opticians cannot practice ophthalmology without being members of the GOC, ditto for doctors and the GMC, pharmacists and the GPhC, and others (GOsC, GDC, etc).
Perhaps it is time for an overarching Accountancy Council (or a GATAC for Accountancy, Tax & Audit?) whose remit would be to regulate the professionals, students & practices in the UK, work to protect public interest impacted by the profession, improve and approve standards of education leading to registration, authorise fitness to practice & train, etc.
GPhC maintains registers of pharmacies, pharmacists & technicians, GDC for dentists & nurses, so no reason why the same body couldn't cater for auditors/tax advisors/accountants departmentally under one umbrella.
Various other member organisations exist for medical professionals, such as MDU, BMA, RPS, AOP, to name a few, each of which provide varying levels/combinations of CPD, insurance, networking, other.
Perhaps I dare not suggest this be the destination of the existing accountancy bodies - just thinking out loud without necessarily having thought in any level of detail.
Do fellow AWebbers think there is mileage in something like this, or is it too fantastical/impractical?