XBRL: Mutual Funds vs. Public Companies

As an organization that is on the forefront of the XBRL mandate and transition, one question we have been asked is exactly what the differences are between the new rules for mutual funds vs. the current rules for public companies. As a quick synopsis and tutorial, we have provided this basic chart which we will be going into more detail on in the upcoming weeks:

Mutual Funds	Public Companies
No Phase-In	Phased-In across Years by Size
Only Risk/Return Summary section of prospectus	Four (4) Financial Statements, Footnotes
400 elements in the taxonomy	17,000 elements in the taxonomy – “fineness”
Concise set of tags for selection within taxonomy	Granular review & analysis for selection of appropriate tag