A method and apparatus of a first network entity in a wireless communication system supporting ranging capability is provided. The method comprises: identifying, in a ranging block, one or more ranging rounds to transmit a ranging control message (RCM) and ranging ancillary data; generating the RCM including an advanced ranging control information element (ARC IE) that includes a ranging method field, wherein the ranging method field includes a value that indicates whether a ranging round following the RCM is used for ranging ancillary information exchange; transmitting, to a second network entity, the ranging ancillary data in the ranging round following the RCM when the value included in the ranging method field corresponds to ranging ancillary information exchange; and receiving, from the second network entity, an acknowledgement (ACK) corresponding to the ranging ancillary data.