With Cisco IOS version 11.2, Cisco introduced the Named ACLs. Named ACLs are Standard or Extended ACLs which are give names instead of a ACL number. Technically, other than giving a name to the ACL there isn't any other difference when it comes to the functionality as in Standard or Extended ACL.
Tag: Extended-ACL
Configure Extended Access Control Lists(ACL) in Cisco Routers
Extended ACLs are advanced than the Standard ACLs. Unlike the Standard Access Lists where it checks only the Source IP Address to control the flow of the packets, Extended ACLs can check the
Source & Destination Address
Protocols (IP,ICMP,TCP,UDP)
Source & Destination ports