When comparing U.S. GAAP accounting to IFRS accounting,\ \ Multiple choice question.\ \ lenders recognize larger losses in troubled debt restructurings under U.S. GAAP.\ \ \ U.S. GAAP requires more fair value disclosure for short-term receivables.\ \ \ there is no guidance for borrower troubled debt restructuring under IFRS.\ \ \ firms that securitize receivables are less likely to recognize gains under IFRS.