Materiality Concept. Definition. Information is material if its omission or misstatement could influence the economic decisions of users taken on the basis of the financial statements (IASB Framework). Materiality therefore relates to the significance of transactions, balances and errors contained in the financial statements. Materiality defines the threshold or cutoff point after which financial information becomes relevant to the decision making needs of the users.
The overall cost for on-campus, in-state students to attend University of Colorado Boulder in 2013-2014 was $28,887. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 4.0% each year.
Out-of-State : $18,437. University of Colorado Colorado Springs's in-state tuition is cheaper than the average University of Colorado System's in-state tuition ($8,434). The school's out-of-state tuition is cheaper than the average University of Colorado System's out-of-state tuition ($24,203). 2014-2015 Academic Year.