Our achievements in 2024 included groundbreaking efforts in ISO 42001, an expanded range of services, and the successful pilot of a part-time program. Alongside these advancements, we attained a 93% score for Great Place To Work, earning us certification for the sixth consecutive year.
Equally important, we formed new partnerships and strengthened existing relationships—within the firm, with our clients, and in the community. We gave generously, recharged together at Reboot, and connected through our CARES events.
Our journey over the year was rewarding, productive, and fun- and we’re excited to share it with you! Read on to discover twenty-four ways Schellman leveled up in ’24!
2024 was a big year for Schellman—altogether, it was a continuation of our upward trajectory, something that would not have been possible if not for the collaboration among our people.
Their impact can’t be understated, particularly as that was our theme for the year—Impact. In 2024, Schellman increased our impact on the industry, took steps to decrease our impact on the environment, and further optimized our impact on our clients and strategic partners. It was a year of tremendous overall growth in both external and internal ways, and this, our latest People and Talent Annual Report, reflects that.
This is just our second attempt at compiling all the data as a testament to all the work done and the success achieved last year. Now, with a second report under our belts, it’s exciting to be able to tangibly compare all our latest progress regarding innovating new solutions, developing our culture, and supporting our clients. In this—as always—we remain committed to our three core values—People come first, Openness builds trust, Never stand still.
2024 represented another year of building upon those three pillars, and this People and Talent Annual Report proves it. As we look forward to 2025 and its new challenges, we’ll continue to focus on upholding those three values as we strive for greater heights. Thank you for being a part of our journey so far—we can’t wait for what successes will come next.
AVANI DESAI
CHIEF EXECUTIVE OFFICER
2024 was a big year for Schellman—altogether, it was a continuation of our upward trajectory, something that would not have been possible if not for the collaboration among our people.
Their impact can’t be understated, particularly as that was our theme for the year—Impact. In 2024, Schellman increased our impact on the industry, took steps to decrease our impact on the environment, and further optimized our impact on our clients and strategic partners. It was a year of tremendous overall growth in both external and internal ways, and this, our latest People and Talent Annual Report, reflects that.
This is just our second attempt at compiling all the data as a testament to all the work done and the success achieved last year. Now, with a second report under our belts, it’s exciting to be able to tangibly compare all our latest progress regarding innovating new solutions, developing our culture, and supporting our clients. In this—as always—we remain committed to our three core values—People come first, Openness builds trust, Never stand still.
2024 represented another year of building upon those three pillars, and this People and Talent Annual Report proves it. As we look forward to 2025 and its new challenges, we’ll continue to focus on upholding those three values as we strive for greater heights. Thank you for being a part of our journey so far—we can’t wait for what successes will come next.
AVANI DESAI
CHIEF EXECUTIVE OFFICER
Only Cybersecurity firm in the Top 50 CPAs
500+ professionals currently serving 1,200+ clients
Annually perform 3,900 projects spanning 55+ countries
Global Accreditation for ISO 27001 & PCI DSS
Pioneer & leading FedRAMP & CMMC Practices
Purpose built practices around penetration testing & privacy
Advanced capabilities in Cybersecurity, Software, Cloud Computing, Fintech, and Web 3.0
Schellman's industry-leading client and employee retention rates foster stability in an ever-changing landscape.
100%Retention of senior managers & above
98%Retention of clients in the rolling 24 months vs Industry @ 84%
88%Retention of people for the rolling 18 months vs Industry @ 65%
Schellman became one of the few U.S.-based firms supporting Australia's IRAP, helping cloud service providers navigate the rigorous assessment process required to work with Australian government agencies.
Schellman became the first ANAB-accredited certification body for ISO 42001, assisting organizations in implementing and certifying AI management systems for responsible and effective AI governance.
Schellman services aided applicable institutions in ensuring they met the compliance requirements of The Digital Operational Resilience Act (DORA), an EU regulatory framework focused on enhancing ICT across the financial sector.
Schellman helped clients validate their secure software development practices against NIST’s Secure Software Development Framework (SSDF), ensuring compliance and security.
Schellman expanded our suite of services to provide independent testing of IT general controls (ITGC) and business controls, supporting financial audits, compliance requirements, and internal risk management.
Schellman became one of the few U.S.-based firms supporting Australia's IRAP, helping cloud service providers navigate the rigorous assessment process required to work with Australian government agencies.
Schellman became the first ANAB-accredited certification body for ISO 42001, assisting organizations in implementing and certifying AI management systems for responsible and effective AI governance.
Schellman services aided applicable institutions in ensuring they met the compliance requirements of The Digital Operational Resilience Act (DORA), an EU regulatory framework focused on enhancing ICT across the financial sector.
Schellman helped clients validate their secure software development practices against NIST’s Secure Software Development Framework (SSDF), ensuring compliance and security.
Schellman expanded our suite of services to provide independent testing of IT general controls (ITGC) and business controls, supporting financial audits, compliance requirements, and internal risk management.
B Corp certification is a designation given to businesses that meet high social and environmental performance standards, accountability, and transparency. B Lab's Theory of Change calls for a fundamental shift in how we view the role of business in society: B Corps are evaluated not just on financial performance but on their impact on employees, communities, the environment, and customers. For Schellman, becoming B Corp certified was a natural evolution, not a revolution. Creating a positive impact has always been part of our DNA. Our commitment to our people, clients, and community has been a cornerstone of our identity from day one—B Corp certification formalizes what we've always believed: business can and should be a force for good.
Speaker at the Accounting MOVE Project Mini Summit
Speaker at the Accounting MOVE Project Mini Summit