Clifford S. Ang

Clifford Ang is an Executive Vice President at Compass Lexecon based in Oakland and Chicago. He is also the author of the valuation textbook Applied Valuation: A Pragmatic Approach (DeGruyter, 2023) and the financial modeling textbook Analyzing Financial Data and Implementing Financial Models Using R (Springer, 2015 and 2021). He has also authored articles on various valuation issues and presented at valuation events in the US, UK, and Australia/New Zealand.

At Compass Lexecon, Clifford Ang specializes in valuing businesses and assets, as well as analyzing complex finance issues. He has worked on hundreds of engagements involving firms across a broad spectrum of industries concerning a wide range of financial and economic issues, such as appraisals, solvency, lost profits, securities, market efficiency, loss causation, and damages.

He was previously Vice President for Finance at a real estate development firm, where he was in charge of accounting and corporate finance and was responsible for financial planning & analysis, working capital management, capital budgeting, and investments.

Ang has held teaching appointments at several universities, the last of which was at DePaul University in Chicago, Illinois. He has taught courses on valuation, investments, corporate finance, international financial management, and investment management.

He is a CFA Charterholder and the BVIUK (valuation) credential.

Ang holds an M.S. in Finance and B.S. in Business Administration majoring in Finance and Accounting. He has also completed doctoral coursework in finance, economics, and econometrics.

He is an Expert Member and Accredited Member of the Business Valuation Institute UK. He is a member of the Expert Review Panel of The Valuer journal. He is also a member of CFA Institute and the CFA Society San Francisco. He was a recipient of the 2023 Distinguished Alumni Award from the University of the Philippines Virata School of Business.