Is the ACS prestigious?

Could you elaborate on the reputation and standing of the ACS? I've heard it mentioned in the context of professional organizations, but I'm unsure of its overall prestige. Is it widely recognized as a leading authority in its field? What are some of the key factors that contribute to its esteemed reputation? And how does it compare to other similar organizations? Your insights would be greatly appreciated as I seek to understand the significance and influence of the ACS.