List some differences between U.S. GAAP and IFRS for long-term operational assets.

Question:

List some differences between U.S. and IFRS for long-term operational 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...