I’m sure when many of us at Zappos hear the word socks, the first thing we think of is the things that go on your feet before your shoes. However, there is another lesser know type of SOX that is very important to all of us here at Zappos.
The Sarbanes – Oxley Act (SOX) was created in 2002 to protect investors from corporate accounting fraud in public companies. This act puts accounting standards in place to assure a company's investors that everything is on the up and up.
Being that Zappos is a private company, why does this affect us? Zappos is known for being open and honest with their employees, vendors, business partners, etc. and this is just another way of doing this. Even though the Zappos executives were not required to do so, they decided to early adopt this policy and make sure we are completely compliant with SOX. This provides confidence in our practices to anyone who is working for or with Zappos.
Our wonderful TLD teacher Devlyn teaches the class, and does a great job explaining how all of this affects many jobs here at Zappos on a day to day basis. She also makes it fun and exciting with games and trivia throughout the class. Remember, this class is part of the Zappos Pipeline core classes, so check out the class schedule on the wiki and sign up today, Zapponians!