Mr Taub played a key role in the Commission's implementation of the accounting reforms under the landmark Sarbanes-Oxley Act, and was responsible for the day-to-day operations of the Office of the Chief Accountant, including resolution of accounting and auditing practice issues, rulemaking, oversight of private sector standard-setting efforts, and regulation of auditors.

Conrad Hewitt, the Commission's Chief Accountant observed that:

"America's investors and capital markets have truly benefited from Scott's many accomplishments in public service at the agency."

Mr Taub returned to the Office of the Chief Accountant to serve as a Deputy Chief Accountant for the Commission in September 2002, and helped bring about improvements in many areas of accounting and financial reporting.

He served as Chair of the Accounting and Disclosure Standing Committee of the International Organization of Securities Commissions. Mr. Taub also served as Acting Chief Accountant for nine months.

Mr. Taub has not yet determined where he will continue his career, but has stated that he intends to continue working to improve financial reporting.