The table below looks at the statistics for GAAP skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited GAAP over the 3 months to 27 September 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
27 Sep 2016
Same period 2015 Same period 2014
Generally Accepted Accounting Principles (GAAP)
Rank 636 650 626
Rank change year-on-year
+14 -24
Contract jobs citing GAAP 21 11 16
As % of all contract IT jobs located in the UK 0.039% 0.019% 0.028%
As % of the Quality Assurance & Compliance category 0.41% 0.20% 0.30%
Number of daily rates quoted 18 9 12
Median daily rate £450 £450 £415
Median daily rate % change year-on-year
- +8.43%
90% offered a daily rate of more than £279 £310 £189
10% offered a daily rate of more than £750 £530 £550
UK excluding London median daily rate £284 £450 £173
% change year-on-year
-36.94% +160.86%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised across the UK.

Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
5132 5529 5359
As % of all contract IT jobs located in the UK 9.59% 9.66% 9.37%
Number of daily rates quoted 3303 3381 3343
Median daily rate £425 £425 £415
Median daily rate % change year-on-year
- +2.40%
90% offered a daily rate of more than £250 £275 £226
10% offered a daily rate of more than £600 £587 £575
UK excluding London median daily rate £400 £413 £375
% change year-on-year
-3.03% +10.00%
Number of hourly rates quoted 198 236 238
Median hourly rate £25.50 £25.12 £20.00
Median hourly rate % change year-on-year
+1.51% +25.60%
90% offered a hourly rate of more than £10.00 £11.50 £12.00
10% offered a hourly rate of more than £45.00 £55.00 £47.10
UK excluding London median hourly rate £30.00 £30.00 £20.00
% change year-on-year
- +50.00%

GAAP
Jobs Demand Trend

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

GAAP Jobs Demand Trend in the UK

GAAP
Daily Rate Trend

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

GAAP Daily Rate Trend in the UK

GAAP
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing GAAP within the UK over the 3 months to 27 September 2016.

GAAP Daily Rate Histogram in the UK

GAAP
Hourly Rate Trend

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

GAAP Hourly Rate Trend in the UK

GAAP
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing GAAP within the UK over the 3 months to 27 September 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +39 21 £450 -2.70%
London +4 12 £475 -5.00%
South East +19 9 £284 -40.26%
Hampshire - 6 £280 -
Basingstoke - 6 £280 -
Surrey +3 2 £750 +57.89%

GAAP
Top 30 Related IT Skills

For the 6 months to 27 September 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 with a requirement for GAAP.

1 24 (75.00%) Finance
2 10 (31.25%) Analytical Skills
3 8 (25.00%) ACCA
4 7 (21.88%) MS Excel
4 7 (21.88%) Microsoft
5 6 (18.75%) Oracle
5 6 (18.75%) CIMA
6 5 (15.63%) Oracle Fusion
7 4 (12.50%) Oracle EBS R12
7 4 (12.50%) Security Cleared
7 4 (12.50%) Database Security
7 4 (12.50%) Performance Tuning
7 4 (12.50%) Procure-to-Pay
7 4 (12.50%) Oracle Procure-to-Pay
7 4 (12.50%) Oracle Receivables
7 4 (12.50%) Oracle Assets
7 4 (12.50%) Oracle FAH
7 4 (12.50%) Line Management
7 4 (12.50%) Record to Report
7 4 (12.50%) Oracle EBS
7 4 (12.50%) Telecoms
7 4 (12.50%) SQL Server
7 4 (12.50%) SQL
7 4 (12.50%) T-SQL
7 4 (12.50%) Foreign Exchange (FX)
7 4 (12.50%) Data Warehouse
7 4 (12.50%) ERP
7 4 (12.50%) ETL
7 4 (12.50%) Business Intelligence
7 4 (12.50%) Unit Testing

GAAP
Top Related IT Skills 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:

Applications
1 7 (21.88%) MS Excel
2 2 (6.25%) Spreadsheet
3 1 (3.13%) MS Office
3 1 (3.13%) MS PowerPoint
Business Applications
1 4 (12.50%) Oracle Assets
1 4 (12.50%) Oracle EBS
1 4 (12.50%) Oracle EBS R12
1 4 (12.50%) Oracle ERP
1 4 (12.50%) Oracle FAH
1 4 (12.50%) Oracle Procure-to-Pay
1 4 (12.50%) Oracle Receivables
2 3 (9.38%) Oracle Financials
3 1 (3.13%) SAP Business One
Database & Business Intelligence
1 4 (12.50%) Data Warehouse
1 4 (12.50%) SQL Server
1 4 (12.50%) SQL Server Integration Services
1 4 (12.50%) SQL Server Reporting Services
General
1 24 (75.00%) Finance
2 4 (12.50%) Telecoms
3 3 (9.38%) Banking
4 2 (6.25%) Legal
5 1 (3.13%) Advertising
5 1 (3.13%) Financial Institution
Job Titles
1 15 (46.88%) Analyst
2 10 (31.25%) Financial Analyst
3 5 (15.63%) Business Analyst
3 5 (15.63%) Programme Manager
4 4 (12.50%) Accountant
4 4 (12.50%) Data Warehouse Developer
4 4 (12.50%) Developer
4 4 (12.50%) ETL Developer
4 4 (12.50%) Oracle Programme Manager
4 4 (12.50%) Pricing Analyst
4 4 (12.50%) Product Analyst
4 4 (12.50%) Product Business Analyst
4 4 (12.50%) Product Control Business Analyst
4 4 (12.50%) SQL Developer
4 4 (12.50%) SQL Server Data Warehouse Developer
4 4 (12.50%) SQL Server Developer
4 4 (12.50%) SSIS Developer
4 4 (12.50%) T-SQL Developer
5 3 (9.38%) Financial Accountant
5 3 (9.38%) Senior Analyst
Libraries, Frameworks & Software Standards
1 5 (15.63%) Oracle Fusion
Miscellaneous
1 10 (31.25%) Analytical Skills
2 4 (12.50%) Derivative
2 4 (12.50%) Equities
2 4 (12.50%) Fixed Income
2 4 (12.50%) Foreign Exchange (FX)
3 1 (3.13%) Data Integration
3 1 (3.13%) Driving Licence
Processes & Methodologies
1 4 (12.50%) Business Intelligence
1 4 (12.50%) Database Security
1 4 (12.50%) ERP
1 4 (12.50%) ETL
1 4 (12.50%) Line Management
1 4 (12.50%) Performance Tuning
1 4 (12.50%) Procure-to-Pay
1 4 (12.50%) Record to Report
1 4 (12.50%) Unit Testing
2 2 (6.25%) Financial Modelling
2 2 (6.25%) Stakeholder Management
2 2 (6.25%) Time Management
3 1 (3.13%) Agile Software Development
3 1 (3.13%) Asset Management
3 1 (3.13%) Business Analysis
3 1 (3.13%) Integration Testing
3 1 (3.13%) Project Management
3 1 (3.13%) Risk Assessment
3 1 (3.13%) Software Testing
3 1 (3.13%) UML
Programming Languages
1 4 (12.50%) SQL
1 4 (12.50%) T-SQL
2 2 (6.25%) C
Qualifications
1 8 (25.00%) ACCA
2 6 (18.75%) CIMA
3 4 (12.50%) Security Cleared
4 1 (3.13%) BPSS Clearance
4 1 (3.13%) Degree
4 1 (3.13%) DV Cleared
Quality Assurance & Compliance
1 1 (3.13%) Sarbanes-Oxley
1 1 (3.13%) Solvency II
Vendors
1 7 (21.88%) Microsoft
2 6 (18.75%) Oracle
3 3 (9.38%) SAP
4 1 (3.13%) HP
4 1 (3.13%) JD Edwards