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.
Brandy (from brandywine, derived from Dutch brandewijn, gebrande wijn burned wine) is a spirit produced by distilling wine. Brandy generally contains 35â60% alcohol by volume (70â120 US proof) and is typically taken as an after-dinner drink.