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SSAE 16 professionals clarify the confusion between SOC 1 vs SOC 2 and type 1 vs type 2 audits. They explain that a SOC 1 audit is the same as an SSAE 16 audit, and that SOC 1 is not equivalent to type 1 and SOC 2 is not equivalent to type 2. They compare SOC 1 and SOC 2 audits to different types of fruit, highlighting key differences between the two reporting standards.