In what ways does IFRS differ from U.S. GAAP with respect to the translation of foreign currency

Question:

In what ways does IFRS differ from U.S. with respect to the translation of foreign currency financial statements?

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...