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 can come from anywhere in the world. How are they made? Brandy generally refers to a distilled spirit made from fermented fruit juice. It can be produced using grapes or fruit. (Calvados, for instance, is an apple brandy from the Normandy region in France). Cognac, meanwhile, must be made from white grapes from one of six different terroirs; the Ugni Blanc grape variety is its primary ingredient, and grapes from Grande Champagne terroir are the most coveted.