Differences regarding revenue recognition between IFRS and GAAP

To successfully complete this discussion, you will need to go to the FASB website and search for information on revenue recognition.

In a post of no more than two to three paragraphs, please directly address the following:

Analyze at least two major differences regarding revenue recognition between IFRS and GAAP.
Recommend one strategy to resolve such differences.
Support your recommendation with at least two examples of the successful implementation of this strategy.

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