Market Insights 2018 | Specialist Markets, London

The specialist markets 2018 Market Insight Report covers the following areas (click to view salaries):

• Audit & Assurance

• Taxation

• Internal Audit

Audit & Assurance

The latter part of 2017 was busy for audit and assurance and this trend has continued throughout the first half of this year. Top 20 firms have lost a large number of professionals to the industry sector and refilling those roles has been a challenge, particularly at the audit senior level.

Taxation

2018 has been buoyant so far, with tax professionals in high demand from the turn of the year due to January deadlines. This trend is expected to continue throughout the year, thanks to a diminishing candidate pool. The market is very candidate driven, with multiple firms fighting over the same professionals, so line managers need to sell the role as well as assess if the candidate is the right fit.

Internal Audit

2017 saw a surge of activity in the city within the permanent audit market, with recruitment levels higher than the previous year. The usual post-Christmas ‘hangover’ was absent this January, with many clients commencing recruitment as soon as they returned. Q1 2018 has seen a large recruitment drive within the IT audit space, but there have also been large pockets of recruitment within niche areas such as Anti-Financial Crime (AFC), electronic trading and data management.

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