IIA-Australia Factsheet - Psychosocial Risk

Author

IIA-Australia

Date

2024

Topics Explored

Risk Management 

Format

Factsheet

Extract/Description

‘Psychosocial’ looks at people in the context of combined psychological factors and the social environment. Psychosocial factors can have an impact on people’s physical and mental wellness and their ability to effectively function in society or a workplace.

Key Points

  1. A psychosocially safe work environment will have systems for protection and support for worker mental health.
  2. To perform a work health safety (WHS) audit effectively, internal auditors need to be aware of WHS risks when preparing the engagement risk assessment.
  3. This Internal Audit Standards make it clear the internal auditor has a responsibility to consider all relevant WHS risks. While many WHS risks are self-evident, psychosocial risk may not be familiar or even a consideration of the internal auditor.

Relevant Industries

All

Level of Assumed Knowledge

Intermediate