Higher education plays an important role in the development of social economy, and the management of state-owned assets in colleges and universities plays an important role in the construction and development of colleges and universities. The changes brought about by this technology also affect people's thinking. The purpose of this paper is that through the application of K-means clustering algorithm, it is of great significance to coordinate financial resources, standardize the allocation of state-owned assets and improve the efficiency of financial fund management. This study takes universities affiliated to Nanjing as the research object. The research finds that, as far as the current status of asset management in universities is concerned, there are still a series of serious problems that need to be solved urgently developing. Therefore, this article will discuss how to effectively integrate the corresponding measures of asset management and budget management in colleges and universities, so as to provide relevant opinions for reference.

Huijie Wang. Exploration on the Organic Integration of Asset Management and Budget Management in Colleges and Universities. International Journal of New Developments in Engineering and Society (2022) Vol.6, Issue 1: 51-62. https://doi.org/10.25236/IJNDES.2022.060109.

[1] Zhang J Y, Xia Q S, Rong C F, etc. Research on the problems and coping strategies of college budget management under the new normal [J]. Educational Accounting Research, 2021(4): 45-52.

[2] Chen X N, Li Q. Research and countermeasure analysis of asset management problems in colleges and universities [J]. Administrative Assets and Finance, 2021(3): 17-18.

[3] Zhang J. Analysis on the performance evaluation of state-owned assets management in my country's administrative units [J]. Administrative Management in China, 2017(4): 153-155.

[4] Zhao Q, Li H. Research on the performance evaluation of fixed assets management in colleges and universities [J]. Journal of Shanxi University, 2020( 1) : 139 - 143.

[5] Ma J , He J , Shi J , et al. Nonlinear Compensation Based on K-Means Clustering Algorithm for Nyquist PAM-4 VLC System[J]. IEEE Photonics Technology Letters, 2019, 31(12):935-938.

[6] Chen J . Automatic Vehicle License Plate Detection using K-Means Clustering Algorithm and CNN[J]. Journal of Electrical Engineering and Automation, 2021, 3(1):15-23.

[7] Zhu Z , Liu N . Early Warning of Financial Risk Based on K-Means Clustering Algorithm[J]. Complexity, 2021, 2021(24):1-12.

[8] Usman D , Sani S F . Performance evaluation of similarity measures for K-means clustering algorithm[J]. Bayero Journal of Pure and Applied Sciences, 2021, 12(2):144-148.

[9] Li C F. On the combination of asset management and budget management under the flow of information[J]. Accounting Monthly, 2021(3): 77-84.

[10] Zhao C H. Research on the combination of asset management and budget management in colleges and universities [J]. China Management Informatization, 2019( 14): 31-32.

[11] Chen H X. Problems and suggestions on the management of state-owned assets in colleges and universities [J]. Finance and Accounting, 2020( 1) : 76-77.

[12] Wu W. Analysis on the management and accounting of intangible assets in scientific research institutions [J]. Aerospace Industry Management, 2021(3): 44-46.