Excerpt from Accounting Today Article, Published on Sep 27, 2024.

In a significant move for artificial intelligence governance, Schellman, a Top 50 firm recognized in the 2023 Best Firms list, has become the first accredited body certified by the ANSI National Accreditation Board to offer compliance certification for the newly established ISO 42001 standard. This achievement positions Schellman as a leader in certifying AI systems globally, underscoring its commitment to innovation and responsible AI deployment.

ISO 42001 is the world’s first certifiable AI management system standard, offering a structured framework to ensure the secure, private, and ethical development and use of AI technologies. Schellman’s accreditation allows it to conduct audits and certify organizations aiming to align with this cutting-edge compliance standard.

As enterprises increasingly incorporate AI into their operations, ISO 42001 plays a critical role in mitigating risks and ensuring transparency in AI processes. By adhering to this standard, organizations demonstrate their commitment to responsible AI practices, safeguarding customer data, fostering trust among stakeholders, and ensuring regulatory compliance.

With Schellman’s AI certification services now in place, businesses can ensure they are not only adopting AI but doing so within a framework that emphasizes security, privacy, and ethical development. This achievement aligns with the growing emphasis on AI governance and risk management in 2024, as the global regulatory landscape around AI continues to evolve.

For organizations seeking to certify their AI systems, achieving ISO 42001 compliance will signal a commitment to best practices in AI governance and provide reassurance to clients and stakeholders about the safety and reliability of their AI technologies.

To delve deeper into this topic, please read the full article on Accounting Today.