Is the premise sufficiently strong to logically lead to the hypothesis? Premise: And yet, we still lack a set of global accounting and reporting standards that reflects the globalization of economies, enterprises, and markets. Hypothesis: We have comprehensive global reporting standards that reflects the globalization of economies, and markets. 
And yet, we still lack a set of global accounting and reporting standards that reflects the globalization of economies, enterprises, and markets.###We have comprehensive global reporting standards that reflects the globalization of economies, and markets. 