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What’s With All the Hating on Rothstein Kass?

Welcome to the post-marathon Monday edition of Accounting Career Couch. Today, an experienced industry accountant is looking to go jump into public and has an interview with Rothstein Kass’s Family Office group. Unfortunately, he has heard horror stories about R to the K’s financial services division and wants to know if it’s contagious to the rest of the firm.

Having problems at work and need a sage’s advice? Curious if using a sick day for your missing toenails is ethical? In a bit of trouble with the law and need an excuse that makes your better half look like a lunatic? Email us at advice@goingconcern.com and we’ll put your mind (or feet) at ease.

Back to our potential Kass Kounter:

My question is if you’ve received any recent news about Rothstein Kass lately. I’m up for an interview in their Family Office group as an entry level tax staff, but let’s face it – they haven’t had the best things said about them over their other divisions. Fortunately I’ve heard nothing about the FO group; everything sad/horrible/depressing has been about their FS division, for the most part.

I want to make sure I do my due diligence of this firm, first. A few years ago I was offered to start my career in accounting there under a summer internship in their audit group, but I turned it down for corporate opportunities instead. Now as I want to make the jump into public for the first time, I’m naturally looking back at RKCO…

Any idea as to why everyone seems to have only negative things to say about them? Whiners are always the loudest, I’m aware, but it does concern me a little that there’s so much taint over this firm’s internal reputation on the interwebs…

To directly answer the question, the most recent news we’ve received about Rothstein Kass was related to their ubiquity on the Vault rankings including landing at the #3 spot on their featured ranking.

Prior to the rankings, we reported on a few pre-Labor Day layoffs that occurred at the firm and the admission of new partners to the firm for 2010.

In the layoffs post, our tipster mentioned the following:

FS practice is getting demolished in NY and NJ appears to be getting more antsy with every move that management makes.

Not many details on “demolished,” as you can see but someone thought enough havoc was going down to contact us. However, another source told us that the context of the tip was not accurate and that things within the firm were fine. What other Kass Kounters actually think is unknown because the post had a grand total of zero comments and RK declined to comment for our article.

So, the long/short of it is – RK has a very good reputation by virtue of their lofty perch among the Vault Rankings but it appears the reputation in some corners of “the interwebs” might be “tainted” as you say. We haven’t seen any of this tainting first-hand so we don’t know why RK is getting a bad rap.

To help you with your particular dilemma – if you were interviewing with Deloitte or PwC (the only two firms that ranked above RK on Vault’s list) would you be concerned about what was said about them on the web? If your answer is no, then you should have the same attitude about Rothstein. If you answer is yes, then you’ll never get a job anywhere, ever.

People in the know are invited to enlighten everyone below. If you’d rather communicate with us directly, email us at tips@goingconcern.com.