And yet, we still lack a set of global accounting and reporting standards that reflects the globalization of economies, enterprises, and markets.
( And ( yet ( , ( we ( still ( ( lack ( ( ( a set ) ( of ( global ( accounting ( and ( reporting standards ) ) ) ) ) ) ( that ( reflects ( ( the globalization ) ( of ( economies ( , ( enterprises ( , ( and markets ) ) ) ) ) ) ) ) ) ) ) . ) ) ) ) ) )
(ROOT (S (CC And) (ADVP (RB yet)) (, ,) (NP (PRP we)) (ADVP (RB still)) (VP (VBP lack) (NP (NP (DT a) (NN set)) (PP (IN of) (NP (JJ global) (NN accounting) (CC and) (NN reporting) (NNS standards))) (SBAR (WHNP (WDT that)) (S (VP (VBZ reflects) (NP (NP (DT the) (NN globalization)) (PP (IN of) (NP (NNS economies) (, ,) (NNS enterprises) (, ,) (CC and) (NNS markets))))))))) (. .)))
The globalization of economies is not reflected in global accounting standards. 
( ( ( The globalization ) ( of economies ) ) ( ( ( is not ) ( reflected ( in ( global ( accounting standards ) ) ) ) ) . ) )
(ROOT (S (NP (NP (DT The) (NN globalization)) (PP (IN of) (NP (NNS economies)))) (VP (VBZ is) (RB not) (VP (VBN reflected) (PP (IN in) (NP (JJ global) (NN accounting) (NNS standards))))) (. .)))