What are three potentially significant differences between IFRS and U.S. GAAP with respect to the recognition or

Question:

What are three potentially significant differences between IFRS and U.S. with respect to the recognition or measurement of assets?

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...