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Type 1 versus Type 2

Which one do you pick?

Type 1 reports are a snapshot at a point in time. Like taking a picture on a particular date and time.

Type 2 reports are more like a video over a period of time like 6-12 months. These take longer. They therefore provide more a comprehensive assurance and in depth review.

An organisation will generally perform an ongoing audit either biannually or annually.