This section prescribes the nature and extent of the consideration an independent auditor should give to the possibility of illegal acts by a client in an audit of financial statements in accordance with generally accepted auditing standards.
Brandy comprises a wide category of spirits, including South American pisco, Italian grappa, German kirsch (made from cherry juice), and American applejack (made from apple cider)-as well as the famous French brandy, Cognac, which is considered one of the finest spirits in the world.
The term brandy also denotes liquors obtained from the wines of other fruits. Apples, cherries, plums, pears, and peaches have all been distilled into what are called fruit brandies or eaux de vie. Pomace brandyââmade using grapes with their stems, skins, and seedsââis also very common.