The table below looks at the statistics for GAAP skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited GAAP over the 3 months to 28 August 2014 with a comparison to the same period in 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.

Location
3 months to
28 Aug 2014
Same period 2013 Same period 2012
Generally Accepted Accounting Principles (GAAP)
Rank 596 558 579
Rank change year-on-year
-38 +21
Contract jobs citing GAAP 16 16 15
As % of all contract IT jobs located in the UK 0.029% 0.030% 0.026%
As % of the Quality Assurance & Compliance category 0.36% 0.41% 0.33%
Number of daily rates quoted 11 12 8
Average daily rate
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£325 £314 £750
Average daily rate % change year-on-year
+3.50% -58.13%
UK excluding London average daily rate £250 £280 £500
% change year-on-year
-10.71% -44.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
4403 3864 4571
As % of all contract IT jobs located in the UK 7.91% 7.34% 7.90%
Number of daily rates quoted 2670 2273 2486
Average daily rate £400 £425 £425
Average daily rate % change year-on-year
-5.88% -
90% offered a daily rate of more than £225 £263 £243
10% offered a daily rate of more than £550 £625 £600
UK excluding London average daily rate £375 £360 £360
% change year-on-year
+4.16% -
Number of hourly rates quoted 198 162 250
Average hourly rate £19.00 £17.50 £20.00
Average hourly rate % change year-on-year
+8.57% -12.50%
90% offered a hourly rate of more than £12.00 £10.00 £11.00
10% offered a hourly rate of more than £43.00 £37.50 £41.00
UK excluding London average hourly rate £19.50 £17.50 £21.25
% change year-on-year
+11.42% -17.64%

GAAP
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing GAAP within the UK as a proportion of the total demand within 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 28 August 2014.

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 7 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing GAAP within the UK over the 3 months to 28 August 2014. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -18 14 £325 +3.50% 6
London +14 11 £325 -23.52% 5
Uxbridge - 2 £175 -
City of London +20 1 - -
Halifax - - - -
West Yorkshire - - - -
Yorkshire - - - -

GAAP
Top 30 Related IT Skills

For the 6 months to 28 August 2014, IT contractor jobs within the UK citing GAAP also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited GAAP.

1 16 (69.57%) Finance
2 6 (26.09%) Sarbanes-Oxley
2 6 (26.09%) Oracle
2 6 (26.09%) SAP
3 4 (17.39%) Billing
3 4 (17.39%) General Ledger
4 3 (13.04%) Oracle General Ledger
4 3 (13.04%) SAP BPC
4 3 (13.04%) CIMA
4 3 (13.04%) ACCA
4 3 (13.04%) Oracle 11i
4 3 (13.04%) CA
4 3 (13.04%) SAP BW
5 2 (8.70%) NetWeaver
5 2 (8.70%) SAP FI
5 2 (8.70%) Business Intelligence
5 2 (8.70%) Oracle Financials
5 2 (8.70%) OLAP
5 2 (8.70%) Cognos
5 2 (8.70%) Data Warehouse
5 2 (8.70%) Project Management
5 2 (8.70%) Migration
5 2 (8.70%) SAP FI/CO
5 2 (8.70%) Data Extraction
5 2 (8.70%) German Language
5 2 (8.70%) QA
5 2 (8.70%) Wealth Management
5 2 (8.70%) Applix
5 2 (8.70%) Cognos TM1
5 2 (8.70%) SAP CO

GAAP
Top Related IT Skills by Category

For the 6 months to 28 August 2014, IT contractor jobs within the UK citing GAAP also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited GAAP. Up to 20 skills are shown per category.

Application Platforms
1 2 (8.70%) NetWeaver
Applications
1 1 (4.35%) MS Office
1 1 (4.35%) MS Excel
Business Applications
1 3 (13.04%) Oracle 11i
1 3 (13.04%) Oracle General Ledger
1 3 (13.04%) SAP BPC
2 2 (8.70%) SAP FI
2 2 (8.70%) SAP FI/CO
2 2 (8.70%) SAP CO
2 2 (8.70%) Cognos TM1
2 2 (8.70%) Oracle Financials
3 1 (4.35%) Dynamics AX
3 1 (4.35%) Oracle Payables
3 1 (4.35%) Oracle Cash Management
3 1 (4.35%) Oracle TCA
Database & Business Intelligence
1 3 (13.04%) SAP BW
2 2 (8.70%) OLAP
2 2 (8.70%) Data Warehouse
General
1 16 (69.57%) Finance
2 4 (17.39%) Billing
2 4 (17.39%) General Ledger
3 2 (8.70%) German Language
3 2 (8.70%) Banking
4 1 (4.35%) Retail
4 1 (4.35%) Legal
4 1 (4.35%) Telecoms
4 1 (4.35%) French Language
Job Titles
1 5 (21.74%) Consultant
2 4 (17.39%) SAP Consultant
3 2 (8.70%) SAP BPC Consultant
3 2 (8.70%) TM1 Developer
3 2 (8.70%) SAP FI/CO Consultant
3 2 (8.70%) Developer
3 2 (8.70%) Analyst
4 1 (4.35%) Test Analyst
4 1 (4.35%) Senior Consultant
4 1 (4.35%) Business Analyst
4 1 (4.35%) Functional Consultant
4 1 (4.35%) SAP FI Consultant
4 1 (4.35%) SAP CO Consultant
4 1 (4.35%) Business Manager
4 1 (4.35%) Senior SAP Consultant
4 1 (4.35%) Financial Analyst
4 1 (4.35%) Dynamics AX Consultant
Libraries, Frameworks & Software Standards
1 1 (4.35%) VML
Miscellaneous
1 2 (8.70%) Data Extraction
2 1 (4.35%) FMCG
Processes & Methodologies
1 2 (8.70%) Migration
1 2 (8.70%) Asset Management
1 2 (8.70%) Wealth Management
1 2 (8.70%) Business Intelligence
1 2 (8.70%) Project Management
2 1 (4.35%) GAP Analysis
2 1 (4.35%) Risk Management
2 1 (4.35%) ERP
2 1 (4.35%) Time Management
2 1 (4.35%) Financial Modelling
2 1 (4.35%) Test Automation
2 1 (4.35%) Cash Management
2 1 (4.35%) Continuous Improvement
Qualifications
1 3 (13.04%) ACCA
1 3 (13.04%) CIMA
2 1 (4.35%) Degree
Quality Assurance & Compliance
1 6 (26.09%) Sarbanes-Oxley
2 2 (8.70%) QA
3 1 (4.35%) FINREP
Vendors
1 6 (26.09%) Oracle
1 6 (26.09%) SAP
2 3 (13.04%) CA
3 2 (8.70%) Applix
3 2 (8.70%) Cognos
4 1 (4.35%) Microsoft
London
HFG
Rate: £700 - £900 per day
Posted: Yesterday
London Bridge
Templeton and Partners - SAP & UK Account
Rate: £400 - 500 per day
Posted: 15 days ago
London
Progressive Recruitment
Rate: competitive
Posted: 23 days ago