FloQast Cements Industry Leadership in Ethical, Responsible, and Auditable AI Development with ISO 42001 Certification
Jan 22, 2025 - financialpost.com
FloQast, an Accounting Transformation Platform, has achieved ISO 42001 certification, highlighting its commitment to ethical, responsible, and auditable AI development. This certification positions FloQast as a leader in AI governance within the accounting technology sector. The ISO 42001 standard provides a framework for organizations to manage AI development ethically and transparently. FloQast's certification followed a rigorous external audit evaluating its AI systems, governance policies, and risk management practices.
The certification underscores FloQast's proactive approach to AI, ensuring compliance with SOX audit standards and aligning with accounting best practices. Key components of FloQast's AI Management System include gap assessment, policy alignment, stakeholder engagement, training, audits, and continuous improvement. This achievement reinforces customer trust and supports FloQast's mission to deliver secure, transformative AI solutions for accounting teams.
Key takeaways:
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FloQast has achieved ISO 42001 certification, highlighting its commitment to ethical and responsible AI development.
The certification positions FloQast as a leader in AI governance within the accounting technology space.
FloQast's AI Management System is built on principles of ethics, accountability, and continuous improvement.
FloQast's ISO 42001 certification reinforces customer trust and delivers secure, transformative AI solutions for accounting teams.
