Joan Labbie Schumaker
Joan Schumaker is a National Tax Partner of Ernst & Young LLP and is the Americas Co-Director of Tax Accounting and Risk Advisory Services. Joan leads the tax accounting services practice in the Americas and serves clients in numerous industries. She consults on a wide range of matters pertaining to ASC 740 including tax account validation and remediation, intercompany transactions, unrecognized tax benefits, business combinations and post-acquisition integration, divestitures and carve-out financial statements, post-spin financial reporting, Sarbanes-Oxley Sec. 404, tax implications of the new accounting standard on revenue recognition, and IFRS/GAAP conversion. Joan is also the Tax Leader of the firm’s integrated Tax and Financial Accounting Advisory offerings with Financial Accounting Advisory Services.
Joan has more than 28 years of tax accounting and reporting experience, including 25 years in public accounting serving large multinational corporations. Prior to joining Ernst & Young LLP, Joan was the Director of Income Tax Accounting and Reporting at a large multinational corporation where, during her tenure, she led the Sarbanes-Oxley Sec. 404 tax implementation, and was responsible for the design and assessment of all tax provision processes, as well as the control environment for all income and indirect tax areas. She was also responsible for consolidated income tax accounting, reporting and disclosures, and the evaluation of complex income tax accounting issues.
She is a member of the American Institute of Certified Public Accountants, the NY State Society of Certified Public Accountants and the New Jersey State Society of Certified Public Accountants. Joan is a frequent speaker on tax accounting and reporting matters