The objective of this work is to analyze and compare AC microgrid (ACMG) solutions to introduce the topic to new researchers. The methodology used to achieve this goal is a systematic literature review using five questions: (1) How have ACMGs evolved in five years? (2) What are the standards for ACMGs? (3) What are the different schemes for connecting MGs to the utility grid? (4) What are the different control schemes in ACMGs? (5) What is an appropriate way to compare results when working with ACMGs? The articles were published in Q1/Q2 journals as based on either the Scimago Journal Rank (SJR) and/or the Journal Citation Report (JCR) between 2018 and 2022 and were from three databases: (1) Web of Science (WoS), (2) Scopus, and (3) IEEE Xplore. Publications not describing pure ACMGs, review papers, publications not related to the questions, and papers describing work that did not meet a quality assessment were excluded, resulting in 34 articles being included in this review. Results show: (1) the energy sources and AC bus nature of microgrids over five years, (2) the identification and quantification of cited standards for microgrids, (3) the pros and cons of different schemes for connecting an AC microgrid to the main grid, (4) the control schemes, classified in a hierarchical control structure, and (5) the simulation tools and experimental benches used in microgrids. Most studies considered a generic energy source and a low-voltage three-phase AC bus, 16 standards were found, and the most cited standard was IEEE Standard 1547. The most common connection scheme to the utility grid was a direct connection, most of the works proposed a modification to a hierarchical control system scheme, and the most common simulation tool was MATLAB. The preferred experimental setup consisted of parallel inverters for testing a control scheme, a prototype when proposing a power electronic system, and a laboratory microgrid for testing fault detection methods.