Are there circumstances in which the cost method is required under U.S. GAAP but not under IFRS?

Question:

Are there circumstances in which the cost method is required under U.S. but not under IFRS? Explain.

GAAP
Generally Accepted Accounting Principles (GAAP) is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). While the SEC previously stated that it intends to move from U.S. GAAP to the International Financial Reporting Standards (IFRS), the...