How do IFRS and U.S. GAAP differ with respect to the classification of debt that is expected

Question:

How do IFRS and U.S. differ with respect to the classification of debt that is expected to be refinanced?

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...