The table below looks at the statistics for GAAP skills in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited GAAP over the 3 months to 1 July 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
1 Jul 2016
Same period 2015 Same period 2014
Generally Accepted Accounting Principles (GAAP)
Rank 168 197 -
Rank change year-on-year
+29 -
Contract jobs citing GAAP 1 3 0
As % of all contract IT jobs located in the City of London 0.030% 0.051% -
As % of the Quality Assurance & Compliance category 0.29% 0.55% -
Number of daily rates quoted 1 3 0
Median daily rate £600 £455 -
Median daily rate % change year-on-year
+31.86% -
UK excluding London median daily rate £303 £388 £263
% change year-on-year
-21.93% +47.61%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £17.00
GAAP
London

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the City of London region.

Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
340 546 587
As % of all contract IT jobs located in the City of London 10.19% 9.33% 9.94%
Number of daily rates quoted 262 422 429
Median daily rate £475 £475 £465
Median daily rate % change year-on-year
- +2.15%
90% offered a daily rate of more than £325 £320 £288
10% offered a daily rate of more than £600 £650 £625
UK excluding London median daily rate £400 £385 £369
% change year-on-year
+3.89% +4.40%
Number of hourly rates quoted 1 7 6
Median hourly rate £85.50 £24.00 £22.50
Median hourly rate % change year-on-year
+256.25% +6.66%
UK excluding London median hourly rate £28.00 £21.55 £20.75
% change year-on-year
+29.93% +3.85%

GAAP
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing GAAP as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

GAAP Jobs Demand Trend in the City of London

GAAP
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing GAAP across the City of London region.

GAAP Daily Rate Trend in the City of London

GAAP
Top 26 Related IT Skills in the City of London

For the 6 months to 1 July 2016, IT contractor jobs citing GAAP also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for GAAP.

1 4 (57.14%) Finance
2 3 (42.86%) Advertising
2 3 (42.86%) CIMA
2 3 (42.86%) Data Warehouse
2 3 (42.86%) CODA
2 3 (42.86%) ACCA
2 3 (42.86%) User Acceptance Testing
2 3 (42.86%) Business Analysis
2 3 (42.86%) Solvency II
2 3 (42.86%) Defect Management
2 3 (42.86%) Reinsurance
3 2 (28.57%) ISTQB
3 2 (28.57%) General Ledger
3 2 (28.57%) ISEB
4 1 (14.29%) PL/SQL
4 1 (14.29%) SQL
4 1 (14.29%) Oracle
4 1 (14.29%) Oracle Financials
4 1 (14.29%) QA
4 1 (14.29%) Oracle General Ledger
4 1 (14.29%) Revenue Management
4 1 (14.29%) Oracle EBS R12
4 1 (14.29%) Oracle Receivables
4 1 (14.29%) Oracle Subledger Accounting
4 1 (14.29%) Analytical Skills
4 1 (14.29%) Translating Business Requirements

GAAP
Top Related IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Business Applications
1 1 (14.29%) Oracle EBS R12
1 1 (14.29%) Oracle Financials
1 1 (14.29%) Oracle General Ledger
1 1 (14.29%) Oracle Receivables
1 1 (14.29%) Oracle Subledger Accounting
Database & Business Intelligence
1 3 (42.86%) Data Warehouse
General
1 4 (57.14%) Finance
2 3 (42.86%) Advertising
3 2 (28.57%) General Ledger
Job Titles
1 4 (57.14%) Analyst
2 3 (42.86%) Business Analyst
2 3 (42.86%) Insurance Business Analyst
2 3 (42.86%) Solvency II Business Analyst
2 3 (42.86%) Tester
2 3 (42.86%) UAT Tester
3 2 (28.57%) Lead Tester
3 2 (28.57%) Test Leader
3 2 (28.57%) UAT Lead
3 2 (28.57%) UAT Test Lead
4 1 (14.29%) Functional Analyst
4 1 (14.29%) Oracle Analyst
Miscellaneous
1 3 (42.86%) Reinsurance
2 1 (14.29%) Analytical Skills
Processes & Methodologies
1 3 (42.86%) Business Analysis
1 3 (42.86%) Defect Management
1 3 (42.86%) User Acceptance Testing
2 1 (14.29%) Revenue Management
2 1 (14.29%) Translating Business Requirements
Programming Languages
1 1 (14.29%) PL/SQL
1 1 (14.29%) SQL
Qualifications
1 3 (42.86%) ACCA
1 3 (42.86%) CIMA
2 2 (28.57%) ISEB
2 2 (28.57%) ISTQB
Quality Assurance & Compliance
1 3 (42.86%) Solvency II
2 1 (14.29%) QA
Vendors
1 3 (42.86%) CODA
2 1 (14.29%) Oracle