What are the major differences between IFRS and U.S. GAAP in the translation of foreign currency financial

Question:

What are the major differences between IFRS and U.S. in 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...