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JOSE PENABAZ, CPA
BIOGRAPHICAL SKETCH
AUDIT DIRECTOR

PRESENT POSITION: Vice President/Treasurer and Audit Director in the firm of Horwath Vélez & Co. PSC - Certified Public Accountants/Business Advisors, San Juan, Puerto Rico

EDUCATION: Bachelor in Business Administration, University of Puerto Rico, Mayaguez Campus, Major in Accounting. Specialized courses and seminars sponsored by the American Institute of CPA's, Puerto Rico State Society of CPA's and other professional organizations.

LICENSE: Certified Public Accountant - Puerto Rico and Louisiana

EXPERIENCE

HIGHLIGHTS: Over twenty five years of experience in the public accounting field in diverse industries including, real estate and interval ownership (timeshare), construction contractors, wholesale and retail operations, concrete and asphalt contractors, hotel other services related with the leisure time industry, employee benefit plans, labor unions and non-for-profit organizations. Work performed includes financial audits, projections and compliance audits, conceptualization of information technology systems, evaluation of internal controls and procedures, among others.

PROFESSIONAL ACTIVITIES: American Institute of Certified Public Accountants Puerto Rico Society of CPA's Quality Review Program (Past Chairman)

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