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: The globalization of economies is not reflected in global accounting standards. 
And yet, we still lack a set of global accounting and reporting standards that reflects the globalization of economies, enterprises, and markets.###The globalization of economies is not reflected in global accounting standards. 