Clifford Ang specializes in valuing businesses & hard-to-value assets and analyzing complex financial statement 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, complex asset pricing, solvency, securities, lost profits, taxes, 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 (FP&A), working capital management, capital budgeting, and investments.
Ang also teaches the equity and bond valuation courses in DataCamp, an interactive learning platform for data science. Previously, he has held teaching appointments at several universities, the last of which was at DePaul University in Chicago, Illinois where he taught investments.
He is the author of the financial modeling textbook Analyzing Financial Data and Implementing Financial Models Using R, which is published by Springer. He has also published several practitioner-oriented valuation articles. In 2017, his articles on the size premium and debt betas/beta unlevering formulas were the two highest rated articles on NACVA’s QuickRead.
Ang is a CFA Charterholder and holds an M.S. in Finance and B.S. in Business Administration majoring in Finance and Accounting. He is also a member of the Olin Alumni Board at Washington University in St. Louis, Big Data Advisory Board at Rutgers University, and CFA Institute.