Continuous auditing tools are designed to monitor and analyze business transactions on an ongoing basis. An automated GRC tool fits this description as it can scan and flag transactions according to predefined criteria in real-time. This is in contrast to vulnerability scanners, IDS, or antivirus tools, which serve different purposes such as scanning for system weaknesses, detecting unauthorized access, or protecting against malware, respectively.
References: The information aligns with the principles of continuous auditing, which involves the examination of accounting practices, risk controls, compliance, information-technology systems, and business procedures on an ongoing basis123. Continuous auditing tools, like an automated GRC tool, enable real-time monitoring and analysis, which is essential for maintaining compliance and managing risk effectively3.
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