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.
Port is fortified with Brandy. Sherry is fortified with a spirit made from grapes which then in turn is aged in old Sherry casks, producing Brandy de Jerez. Sherry is aged and blended using a system called solera y criadera.