Italian Chocolate Balls (Tuttu Balls)

Ingredients

• 1/2 pound almonds
• 8 cups all-purpose flour
• 1/4 pound unsweetened cocoa powder
• 2 tablespoons baking powder
• 2 tablespoons ground cinnamon
• 1 teaspoon salt
• 3 cups white sugar
• 1 1/2 cups shortening
• 6 eggs
• 1 can evaporated milk
• 1 teaspoon vanilla extract
• 1 cup confectioners ' sugar
• 1/4 teaspoon almond extract
• 1 tablespoon water , or as needed