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(nonprofit and for-profit organizations) , Rules of the Auditor General , as applicable . 5 . Recipients, when submitting financial reporting packages to the Department for audits done in accordance with OMB Circular A- 133 or Chapters 10 . 550 (local governmental entities) or 10 . 650 (nonprofit and for-profit organizations) , Rules of the Auditor General , should indicate the date that the reporting package was delivered to the Recipient in correspondence accompanying the reporting package . (f) In the event the audit shows that the entire funds disbursed hereunder, or any portion thereof, were not spent in accordance with the conditions of this Agreement , the Recipient shall be held liable for reimbursement to the Department of all funds not spent in accordance with these applicable regulations and Agreement provisions within thirty (30) days after the Department has notified the Recipient of such non-compliance . (g) The Recipient shall have all audits completed in accordance with Section 215 . 97 , Florida Statutes by an independent certified public accountant (IPA) who shall either be a certified public accountant or a public accountant licensed under Chapter 473 , Florida. SlatutfS. The IPA shall state that the audit complied with the applicable provisions noted above . (7) REPORTS (a) At a minimum, the Recipient shall provide the Department with quarterly financial reports, and with a close - out report . Semi - annual and end of year reports shall include the current status and progress by the Recipient and all subrecipients and subcontractors in completing the work described in the Scope of Work and the expenditure of funds under this Agreement, in addition to such other information as requested by the Department . (b) Quarterly financial reports are due to be received by the Department no later than 30 days after the end of each quarter of the program year and shall continue to be submitted each quarter until submission of the administrative close -out report . The ending dates for each quarter of the program year are December 31 , March 31 , June 30 and September 30 . (c) The close-out report is due 45 days after termination of this Agreement or upon completion of the activities contained in this Agreement, whichever first occurs . (d) If all required reports and copies , prescribed above, are not sent to the Department or are not completed in a manner acceptable to the Department, the Department may withhold further payments until they are completed or may take such other action as set forth in Paragraph ( 11 ) REMEDIES . " Acceptable to the Department " means that the work product was completed in accordance with the Budget and Scope of Work. 8