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 27 May 2015 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
27 May 2015
Same period 2014 Same period 2013
Generally Accepted Accounting Principles (GAAP)
Rank 580 582 534
Rank change year-on-year
+2 -48
Contract jobs citing GAAP 33 7 9
As % of all contract IT jobs located in the UK 0.060% 0.013% 0.019%
As % of the Quality Assurance & Compliance category 0.75% 0.17% 0.25%
Number of daily rates quoted 25 1 2
Average daily rate
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£525 £320 £339
Average daily rate % change year-on-year
+64.06% -5.53%
90% offered a daily rate of more than £385 £320 £216
10% offered a daily rate of more than £550 £320 £462
UK excluding London average daily rate £388 - £493
Number of hourly rates quoted 0 1 2
Average hourly rate - £17.00 £26.50
Average hourly rate % change year-on-year
- -35.84%
UK excluding London average hourly rate - £17.00 £26.50
% change year-on-year
- -35.84%

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
4383 4224 3533
As % of all contract IT jobs located in the UK 7.94% 8.01% 7.61%
Number of daily rates quoted 2740 2576 2151
Average daily rate £407 £400 £425
Average daily rate % change year-on-year
+1.75% -5.88%
90% offered a daily rate of more than £260 £243 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 147 204 111
Average hourly rate £20.50 £21.00 £19.00
Average hourly rate % change year-on-year
-2.38% +10.52%
90% offered a hourly rate of more than £11.86 £11.00 £11.00
10% offered a hourly rate of more than £45.00 £45.12 £59.50
UK excluding London average hourly rate £21.55 £21.00 £17.75
% change year-on-year
+2.61% +18.30%

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 27 May 2015.

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 18 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 27 May 2015. 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 0 30 £538 +67.96% 7
London +32 22 £550 +71.87% 6
South East -13 5 £375 - 1
Reading - 4 £375 -
Berkshire - 4 £375 - 1
City of London +2 3 £455 - 2
Cambridge +1 2 - -
East of England 0 2 - -
Cambridgeshire -2 2 - -
Scotland - 2 £400 -
Northern Ireland - 1 - -
North West - 1 - -
County Antrim - 1 - -
Cheshire - 1 - -
Surrey - 1 £550 -
Edinburgh - 1 £400 -
Glasgow - 1 - -
Larne - 1 - -

GAAP
Top 30 Related IT Skills

For the 6 months to 27 May 2015, 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 59 (98.33%) Finance
2 21 (35.00%) SQL
3 17 (28.33%) Data Warehouse
4 13 (21.67%) SAP
4 13 (21.67%) Solvency II
5 11 (18.33%) Analytical Skills
6 10 (16.67%) PL/SQL
6 10 (16.67%) Oracle
6 10 (16.67%) Cognos
7 9 (15.00%) Sun
8 8 (13.33%) Business Intelligence
8 8 (13.33%) Business Analysis
8 8 (13.33%) Enterprise Data Warehouse
8 8 (13.33%) Data Cleansing
9 7 (11.67%) Oracle General Ledger
10 6 (10.00%) Data Migration
10 6 (10.00%) Cognos Business Intelligence
10 6 (10.00%) SAP FI-GL
10 6 (10.00%) Cognos TM1
10 6 (10.00%) Migration
11 5 (8.33%) Hyperion
11 5 (8.33%) Investment Management
11 5 (8.33%) ISTQB
11 5 (8.33%) ISTQB Advanced Certification
12 4 (6.67%) Oracle Receivables
12 4 (6.67%) Oracle AGIS
12 4 (6.67%) Oracle FAH
12 4 (6.67%) Oracle EBS R12
12 4 (6.67%) Data Mart
12 4 (6.67%) Cognos Controller

GAAP
Top Related IT Skills by Category

For the 6 months to 27 May 2015, 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.

Applications
1 4 (6.67%) MS Excel
2 3 (5.00%) MS Office
3 1 (1.67%) MS Visio
3 1 (1.67%) Spreadsheet
Business Applications
1 7 (11.67%) Oracle General Ledger
2 6 (10.00%) SAP FI-GL
2 6 (10.00%) Cognos TM1
2 6 (10.00%) Cognos Business Intelligence
3 4 (6.67%) Oracle Financials
3 4 (6.67%) Cognos Controller
3 4 (6.67%) Oracle EBS R12
3 4 (6.67%) Oracle Receivables
3 4 (6.67%) Oracle AGIS
3 4 (6.67%) Oracle FAH
4 1 (1.67%) Oracle 11i
4 1 (1.67%) SAP R/3
4 1 (1.67%) SAP FI
4 1 (1.67%) SAP FI/CO
4 1 (1.67%) SAP CO
4 1 (1.67%) HFM
4 1 (1.67%) SAP ERP
4 1 (1.67%) Dynamics CRM
4 1 (1.67%) Dynamics AX
Communications & Networking
1 1 (1.67%) FTP
Database & Business Intelligence
1 17 (28.33%) Data Warehouse
2 8 (13.33%) Enterprise Data Warehouse
3 4 (6.67%) Data Mart
4 3 (5.00%) Data Mining
5 2 (3.33%) Microsoft Analysis Services
5 2 (3.33%) SQL Server Reporting Services
5 2 (3.33%) SQL Server Integration Services
5 2 (3.33%) SQL Server Analysis Services
5 2 (3.33%) SQL Server 2008
5 2 (3.33%) SQL Server
6 1 (1.67%) Hyperion Smart View
6 1 (1.67%) SAP BW
General
1 59 (98.33%) Finance
2 3 (5.00%) Banking
3 2 (3.33%) Legal
3 2 (3.33%) General Ledger
4 1 (1.67%) Retail Banking
4 1 (1.67%) French Language
4 1 (1.67%) Manufacturing
4 1 (1.67%) Retail
4 1 (1.67%) Billing
4 1 (1.67%) Investment Banking
Job Titles
1 37 (61.67%) Analyst
2 20 (33.33%) Business Analyst
3 10 (16.67%) Test Analyst
3 10 (16.67%) Insurance Business Analyst
4 9 (15.00%) Consultant
5 8 (13.33%) Financial Analyst
6 6 (10.00%) Financial Business Analyst
7 5 (8.33%) Senior Analyst
8 4 (6.67%) Architect
8 4 (6.67%) Data Consultant
8 4 (6.67%) Solutions Architect
8 4 (6.67%) Oracle Financials Consultant
8 4 (6.67%) Oracle Consultant
9 3 (5.00%) Senior Business Analyst
10 2 (3.33%) Process Analyst
10 2 (3.33%) Report Analyst
10 2 (3.33%) Business Process Analyst
10 2 (3.33%) Developer
10 2 (3.33%) Systems Analyst
10 2 (3.33%) Business Intelligence Developer
Libraries, Frameworks & Software Standards
1 1 (1.67%) EDI
Miscellaneous
1 11 (18.33%) Analytical Skills
2 1 (1.67%) Hedge funds
Processes & Methodologies
1 8 (13.33%) Business Intelligence
1 8 (13.33%) Business Analysis
1 8 (13.33%) Data Cleansing
2 6 (10.00%) Data Migration
2 6 (10.00%) Migration
3 5 (8.33%) Investment Management
4 4 (6.67%) Project Management
5 3 (5.00%) ERP
5 3 (5.00%) Asset Management
5 3 (5.00%) User Acceptance Testing
6 2 (3.33%) Dimensional Modelling
6 2 (3.33%) Requirements Analysis
6 2 (3.33%) ETL
7 1 (1.67%) CRM
7 1 (1.67%) Data Modelling
7 1 (1.67%) Agile Software Development
7 1 (1.67%) Business Development
7 1 (1.67%) Time Management
7 1 (1.67%) Data Analysis
7 1 (1.67%) Enterprise Architecture
Programming Languages
1 21 (35.00%) SQL
2 10 (16.67%) PL/SQL
3 2 (3.33%) T-SQL
4 1 (1.67%) Java
Qualifications
1 5 (8.33%) ISTQB
1 5 (8.33%) ISTQB Advanced Certification
2 4 (6.67%) ACCA
3 3 (5.00%) CIMA
4 2 (3.33%) Degree
5 1 (1.67%) HND
5 1 (1.67%) ISEB
5 1 (1.67%) SAP Certification
5 1 (1.67%) ICAEW
5 1 (1.67%) CFA
Quality Assurance & Compliance
1 13 (21.67%) Solvency II
2 2 (3.33%) Sarbanes-Oxley
3 1 (1.67%) QA
3 1 (1.67%) FINREP
Vendors
1 13 (21.67%) SAP
2 10 (16.67%) Cognos
2 10 (16.67%) Oracle
3 9 (15.00%) Sun
4 5 (8.33%) Hyperion
5 4 (6.67%) IBM
5 4 (6.67%) Microsoft
6 3 (5.00%) TOWER Software
7 1 (1.67%) JD Edwards
7 1 (1.67%) CA
7 1 (1.67%) PeopleSoft
London
Aston Carter
Rate: £325 - £450 per day
Posted: 5 days ago
London
IPS
Rate: market rates
Posted: 5 days ago
London
HFG
Rate: £700 - £900 per day
Posted: 7 days ago
City of London
Orgtel
Rate: £400 per day + competitive
Posted: 13 days ago