Gannon University Professor Teaches Abroad

Posted: August 7, 2015

Faced with a summer without teaching responsibilities, many university faculty members choose to travel. Renee Castrigano, DBA, assistant professor in Gannon University's Department of Financial and Economic Analysis, chose to teach and travel.

Castrigano spent a week at Hof University of Applied Sciences as part of the university's International Teaching Week. It was her first international teaching experience.

She applied for the program at the suggestion of Bruce Kibler, Ph.D., director of the management program in Gannon University's Dahlkemper School of Business. Kibler has extensive teaching experience in Germany.

Castrigano taught financial accounting to her German students despite the fact that the IFRS (International Financial Reporting Standards) accounting standards used in Germany are different from the Generally Accepted Accounting Principles (GAAP) used in the U.S. "IFRS has recently updated the standards of accounting for inventory and construction contracts; therefore, Hof University has requested these two topics to be covered," Castrigano said. "IFRS and U.S. GAAP have been in the process of convergence of standards for many years; therefore, I have previously taught the comparison of IFRS and U.S. GAAP numerous times."

Founded in 1994, Hof University of Applied Sciences (Fachhochschule Hof) is a business, media and technical university in the German state of Bavaria with an enrollment of 2,600 students. Hof University offers 29 bachelor's and master's degree programs in business, computing and engineering.