This study aims to develop a fraud disclosure model for corruption cases in the local government environment in Sulawesi through forensic accounting and investigative audits with internal auditor skepticism as moderating. Forensic accounting and investigative auditing are a series of relationships in the examination of fraud. Fraud becomes the main object that is fought in forensic accounting and is proven in investigative audits. This research was conducted by distributing questionnaires to all auditors at Finance and Development Supervisory Agency or Badan Pengawasan Keuangan dan Pembangunan (BPKP), Audit Board of the Republic of Indonesia or Badan Pemeriksa Keuangan (BPK), and internal auditors at Social Security Agency or Badan Penyelenggara Jaminan Sosial Kesehatan (BPJS Kesehatan) throughout Indonesia. The number of respondents whose opinions can be used for this study amounted to 118 questionnaires. The results showed that forensic accounting can reduce the level of disclosure of fraud. The results of other research studies also show that good investigative audit practices by auditors can reduce the level of fraud disclosure. Auditor skepticism in auditing practices can strengthen the forensic accounting relationship which results in a reduced level of fraud disclosure and investigative audit relationships which results in a reduced level of fraud disclosure.

This study aims to analyze the effect of privatization (go public) and corporate governance on the level of accounting conservatism in state‐owned public sector enterprises (SOEs). Using a research sample of SOEs that have been privatized and not privatized in Indonesia in the period 2010–2014 or as many as 224 firm‐years, the results of this study indicate that although there is a tendency to increase accounting conservatism in SOEs, this is not solely due to privatization of SOEs, but more due to improved corporate governance in SOEs in Indonesia. Therefore, this study has implications for the Government and other parties involved in the management of SOEs, so that they will prioritize increasing the implementation of good governance rather than privatization, especially in order to improve the quality of financial reporting in SOEs in Indonesia.