LC3 Warning

Detailed tagging information is intended for use only by existing self-service clients.

Error Type

SECValidationWarning_LC3

Error

The name and standard label of an extended elementThe representation of a financial reporting concept, including: line items in the face of the financial statements, important narrative disclosures, and rows and columns in tables. do not match.

"The name of an extended element ... should consist of words with initial capital letters corresponding to the standard english label, a convention called LC3."

Cause

LC3 stands for "Label Camel Case Concatenation (LC3)." A prior EFMThe EDGAR Filer Manual (EFM) is a reference document for submitting filings to the SEC via EDGAR. It includes XBRL rules and is updated annually. rule required the extended elements to have a standard label that matched the element ID. Although this is no longer validated in EDGARElectronic Data Gathering, Analysis, and Retrieval (EDGAR), is a SEC system used by public companies to transmit filings of annual and quarterly reports and other disclosures., the warning may still appear in Certent DM validation.

In the example above, the element ID was created to be “AssetImpairmentChargesDisclosureAbstract," but is using a standard label of “Impairment of Long-Lived Assets [Abstract]”.

Solution

The LC3 warning can be ignored, and the XBRLExtensible Business Reporting Language (XBRL) is an XML-based standard for defining and exchanging business and financial performance information. files will still pass EDGAR validation.

To clear the warning, update the standard label to match the element ID, and then use the terse (or verbose) label role customized to the desired label.