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SSAE 16 professionals aim to clarify the confusion between SOC 1 vs SOC 2 and Type 1 vs Type 2 audits. A SOC 1 audit is the same as an SSAE 16 audit. There is a misconception that SOC 1 is equivalent to Type 1 and SOC 2 is equivalent to Type 2 audits. However, SOC 1 and SOC 2 reports are different reporting standards, like apples and oranges. While they are both fruit, there are key differences in color, taste, and texture, just like the differences between SOC 1 and SOC 2 audits.
