The table below looks at the statistics for GAAP skills in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited GAAP over the 3 months to 27 February 2017 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
27 Feb 2017
Same period 2016 Same period 2015
Generally Accepted Accounting Principles (GAAP)
England / London
Rank 404 409 392
Rank change year-on-year
+5 -17
Contract jobs citing GAAP 2 16 28
As % of all contract IT jobs located in London 0.010% 0.076% 0.13%
As % of the Quality Assurance & Compliance category 0.086% 0.67% 1.14%
Number of daily rates quoted 1 12 21
Median daily rate £475 £550 £450
Median daily rate % change year-on-year
-13.63% +22.22%
UK excluding London median daily rate £450 £340 £550
% change year-on-year
+32.35% -38.18%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £30.00 - -

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 London region.

Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
2336 2402 2457
As % of all contract IT jobs located in London 12.01% 11.36% 11.54%
Number of daily rates quoted 1636 1679 1735
Median daily rate £480 £450 £430
Median daily rate % change year-on-year
+6.66% +4.65%
90% offered a daily rate of more than £313 £288 £250
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £390 £380
% change year-on-year
+2.56% +2.63%
Number of hourly rates quoted 36 29 18
Median hourly rate £25.00 £22.00 £21.50
Median hourly rate % change year-on-year
+13.63% +2.32%
90% offered a hourly rate of more than £11.30 £11.50 £15.00
10% offered a hourly rate of more than £47.90 £34.90 £101.35
UK excluding London median hourly rate £20.75 £42.50 £23.50
% change year-on-year
-51.17% +80.85%

GAAP
Jobs Demand Trend in London

The demand trend of contract jobs across the 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 London

GAAP
Daily Rate Trend in London

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

GAAP Daily Rate Trend in London

GAAP
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing GAAP across the London region.

GAAP Hourly Rate Trend in London

GAAP
Top 30 Related IT Skills in London

For the 6 months to 27 February 2017, 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 London region with a requirement for GAAP.

1 8 (66.67%) IFRS
2 7 (58.33%) Finance
3 3 (25.00%) Equities
3 3 (25.00%) Fixed Income
3 3 (25.00%) Banking
3 3 (25.00%) Foreign Exchange (FX)
3 3 (25.00%) Derivative
4 2 (16.67%) APMP
4 2 (16.67%) Agile Project Management
4 2 (16.67%) Analytics
4 2 (16.67%) User Stories
4 2 (16.67%) PMO
4 2 (16.67%) Project Management
4 2 (16.67%) Agile Software Development
5 1 (8.33%) SAP FI/CO
5 1 (8.33%) General Ledger
5 1 (8.33%) SAP CO
5 1 (8.33%) Legal
5 1 (8.33%) Manufacturing
5 1 (8.33%) Migration
5 1 (8.33%) Service Delivery
5 1 (8.33%) Risk Management
5 1 (8.33%) Workflow
5 1 (8.33%) Unit4 Business World
5 1 (8.33%) SAP FI
5 1 (8.33%) C
5 1 (8.33%) SQL
5 1 (8.33%) Oracle
5 1 (8.33%) SAP
5 1 (8.33%) UML

GAAP
Top Related IT Skills in 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 (8.33%) Dynamics AX
1 1 (8.33%) SAP CO
1 1 (8.33%) SAP FI
1 1 (8.33%) SAP FI/CO
1 1 (8.33%) Unit4 Business World
General
1 7 (58.33%) Finance
2 3 (25.00%) Banking
3 1 (8.33%) General Ledger
3 1 (8.33%) Legal
3 1 (8.33%) Manufacturing
Job Titles
1 7 (58.33%) Analyst
2 3 (25.00%) Business Analyst
2 3 (25.00%) Financial Analyst
2 3 (25.00%) Product Analyst
2 3 (25.00%) Product Business Analyst
2 3 (25.00%) Product Control Business Analyst
3 2 (16.67%) Banking Analyst
3 2 (16.67%) Banking Business Analyst
3 2 (16.67%) Consultant
3 2 (16.67%) Delivery Manager
3 2 (16.67%) Derivatives Business Analyst
3 2 (16.67%) Programme Delivery Manager
3 2 (16.67%) Programme Manager
4 1 (8.33%) Data Analyst
4 1 (8.33%) Functional Consultant
4 1 (8.33%) Microsoft Consultant
4 1 (8.33%) SAP CO Consultant
4 1 (8.33%) SAP Consultant
4 1 (8.33%) SAP FI Consultant
4 1 (8.33%) SAP FI/CO Consultant
Miscellaneous
1 3 (25.00%) Derivative
1 3 (25.00%) Equities
1 3 (25.00%) Fixed Income
1 3 (25.00%) Foreign Exchange (FX)
Processes & Methodologies
1 2 (16.67%) Agile Project Management
1 2 (16.67%) Agile Software Development
1 2 (16.67%) Analytics
1 2 (16.67%) Project Management
1 2 (16.67%) User Stories
2 1 (8.33%) Cash Management
2 1 (8.33%) Data Mapping
2 1 (8.33%) Data Migration
2 1 (8.33%) Data Modelling
2 1 (8.33%) ERP
2 1 (8.33%) Migration
2 1 (8.33%) Risk Management
2 1 (8.33%) Service Delivery
2 1 (8.33%) UML
2 1 (8.33%) Workflow
Programming Languages
1 1 (8.33%) C
1 1 (8.33%) SQL
Qualifications
1 2 (16.67%) APMP
Quality Assurance & Compliance
1 8 (66.67%) IFRS
2 2 (16.67%) PMO
Vendors
1 1 (8.33%) Microsoft
1 1 (8.33%) Oracle
1 1 (8.33%) SAP