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 24 August 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
24 Aug 2016
Same period 2015 Same period 2014
Generally Accepted Accounting Principles (GAAP)
Rank 640 650 610
Rank change year-on-year
+10 -40
Contract jobs citing GAAP 21 12 14
As % of all contract IT jobs located in the UK 0.039% 0.021% 0.025%
As % of the Quality Assurance & Compliance category 0.41% 0.22% 0.26%
Number of daily rates quoted 17 11 10
Median daily rate £450 £550 £325
Median daily rate % change year-on-year
-18.18% +69.23%
90% offered a daily rate of more than £275 £350 £175
10% offered a daily rate of more than £750 £550 £450
UK excluding London median daily rate £284 £381 £250
% change year-on-year
-25.57% +52.50%
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
5080 5481 5293
As % of all contract IT jobs located in the UK 9.32% 9.38% 9.54%
Number of daily rates quoted 3272 3461 3255
Median daily rate £425 £425 £410
Median daily rate % change year-on-year
- +3.65%
90% offered a daily rate of more than £250 £255 £230
10% offered a daily rate of more than £575 £600 £560
UK excluding London median daily rate £400 £400 £380
% change year-on-year
- +5.26%
Number of hourly rates quoted 196 216 215
Median hourly rate £28.00 £24.00 £19.50
Median hourly rate % change year-on-year
+16.66% +23.07%
90% offered a hourly rate of more than £10.50 £12.00 £12.00
10% offered a hourly rate of more than £46.90 £60.80 £43.00
UK excluding London median hourly rate £28.15 £25.00 £20.00
% change year-on-year
+12.60% +25.00%

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 24 August 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 9 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 24 August 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 +12 21 £450 -18.18%
South East - 11 £284 -
London +5 10 £475 -13.63%
Hampshire - 6 £280 -
Basingstoke - 6 £280 -
Berkshire - 2 £303 -
Surrey - 2 £750 -
Bracknell - 1 £330 -
Hungerford - 1 £275 -

GAAP
Top 30 Related IT Skills

For the 6 months to 24 August 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 (82.76%) Finance
2 10 (34.48%) Analytical Skills
3 8 (27.59%) ACCA
4 7 (24.14%) Microsoft
4 7 (24.14%) MS Excel
5 6 (20.69%) Oracle
5 6 (20.69%) CIMA
6 5 (17.24%) Oracle Fusion
7 4 (13.79%) Oracle EBS R12
7 4 (13.79%) Database Security
7 4 (13.79%) Performance Tuning
7 4 (13.79%) Procure-to-Pay
7 4 (13.79%) Oracle Procure-to-Pay
7 4 (13.79%) Oracle Receivables
7 4 (13.79%) Oracle Assets
7 4 (13.79%) Oracle FAH
7 4 (13.79%) Line Management
7 4 (13.79%) Record to Report
7 4 (13.79%) Oracle EBS
7 4 (13.79%) Telecoms
7 4 (13.79%) SQL Server
7 4 (13.79%) SQL
7 4 (13.79%) T-SQL
7 4 (13.79%) Data Warehouse
7 4 (13.79%) ERP
7 4 (13.79%) ETL
7 4 (13.79%) Business Intelligence
7 4 (13.79%) SQL Server Integration Services
7 4 (13.79%) Unit Testing
7 4 (13.79%) Security Cleared

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 (24.14%) MS Excel
2 2 (6.90%) Spreadsheet
3 1 (3.45%) MS Office
3 1 (3.45%) MS PowerPoint
Business Applications
1 4 (13.79%) Oracle Assets
1 4 (13.79%) Oracle EBS
1 4 (13.79%) Oracle EBS R12
1 4 (13.79%) Oracle ERP
1 4 (13.79%) Oracle FAH
1 4 (13.79%) Oracle Procure-to-Pay
1 4 (13.79%) Oracle Receivables
2 3 (10.34%) Oracle Financials
3 1 (3.45%) SAP Business One
Database & Business Intelligence
1 4 (13.79%) Data Warehouse
1 4 (13.79%) SQL Server
1 4 (13.79%) SQL Server Integration Services
1 4 (13.79%) SQL Server Reporting Services
General
1 24 (82.76%) Finance
2 4 (13.79%) Telecoms
3 2 (6.90%) Legal
4 1 (3.45%) Advertising
4 1 (3.45%) Banking
4 1 (3.45%) Financial Institution
Job Titles
1 12 (41.38%) Analyst
2 10 (34.48%) Financial Analyst
3 5 (17.24%) Programme Manager
4 4 (13.79%) Accountant
4 4 (13.79%) Data Warehouse Developer
4 4 (13.79%) Developer
4 4 (13.79%) ETL Developer
4 4 (13.79%) Oracle Programme Manager
4 4 (13.79%) Pricing Analyst
4 4 (13.79%) SQL Developer
4 4 (13.79%) SQL Server Data Warehouse Developer
4 4 (13.79%) SQL Server Developer
4 4 (13.79%) SSIS Developer
4 4 (13.79%) T-SQL Developer
5 3 (10.34%) Financial Accountant
5 3 (10.34%) Senior Analyst
5 3 (10.34%) Senior Financial Analyst
5 3 (10.34%) Telecoms Analyst
6 2 (6.90%) Business Analyst
6 2 (6.90%) Consultant
Libraries, Frameworks & Software Standards
1 5 (17.24%) Oracle Fusion
Miscellaneous
1 10 (34.48%) Analytical Skills
2 1 (3.45%) Data Integration
2 1 (3.45%) Derivative
2 1 (3.45%) Driving Licence
2 1 (3.45%) Equities
2 1 (3.45%) Fixed Income
2 1 (3.45%) Foreign Exchange (FX)
Processes & Methodologies
1 4 (13.79%) Business Intelligence
1 4 (13.79%) Database Security
1 4 (13.79%) ERP
1 4 (13.79%) ETL
1 4 (13.79%) Line Management
1 4 (13.79%) Performance Tuning
1 4 (13.79%) Procure-to-Pay
1 4 (13.79%) Record to Report
1 4 (13.79%) Unit Testing
2 2 (6.90%) Financial Modelling
2 2 (6.90%) Stakeholder Management
2 2 (6.90%) Time Management
3 1 (3.45%) Agile Software Development
3 1 (3.45%) Asset Management
3 1 (3.45%) Business Analysis
3 1 (3.45%) Cash Management
3 1 (3.45%) Process Management
3 1 (3.45%) Project Management
3 1 (3.45%) Risk Assessment
3 1 (3.45%) Software Testing
Programming Languages
1 4 (13.79%) SQL
1 4 (13.79%) T-SQL
2 1 (3.45%) C
Qualifications
1 8 (27.59%) ACCA
2 6 (20.69%) CIMA
3 4 (13.79%) Security Cleared
4 1 (3.45%) BPSS Clearance
4 1 (3.45%) Degree
4 1 (3.45%) DV Cleared
Quality Assurance & Compliance
1 1 (3.45%) Sarbanes-Oxley
1 1 (3.45%) Solvency II
Vendors
1 7 (24.14%) Microsoft
2 6 (20.69%) Oracle
3 3 (10.34%) SAP
4 1 (3.45%) HP
4 1 (3.45%) JD Edwards