ECTS meaning in Accounts and Finance ?

Answer: What is European Credit Transfer System mean?

The European Credit Transfer and Accumulation System (ECTS) is a standard means for comparing academic credits, i.e., the "volume of learning based on the defined learning outcomes and their associated workload" for higher education across the European Union and other collaborating European countries. For successfully completed studies, ECTS credits are awarded. One academic year corresponds to 60 ECTS credits that are normally equivalent to 1500–1800 hours of total workload, irrespective of standard or qualification type. ECTS credits are used to facilitate transfer and progression throughout the Union.ECTS also includes a standard grading scale, intended to be shown in addition to local (i.e. national) standard grades.

reference

Full Form	Category
Electronic Cargo Tracking System	Academic & Science
European Credit Transfer System	Accounts and Finance
Electronic Transfer Association	Business
Electronic Computer Trade Show	Business
European Computer Trade Show	Computing
European Consumer Trade Show	Computing
Emory Contracts Tracking System	General
Emerald Coast Title Services	General
Explosives Classification Tracking System	General
Engine Coolant Temperature Sensor	General
Eligible Couple Tracking System	General
Electronic Control Throttle System	General
Electronically Controlled Transmission System	General
Esoterix Clinical Trials Services	Medical
Electronic Combat Training System	Military and Defence
European Credit Transfer Scheme	Regional
Erie County Technical School	Regional
European College for Tourism Studies	Regional
European Ceramic Technology Suppliers	Regional
European Calcified Tissue Society	Regional
European Credits Transfer System	Stock Exchange