The American Chemical Society (ACS) is the sole approving organization for Bachelor of Science degrees in Chemistry in the United States. While the word "approval" is used rather than "accreditation," it is considered the equivalent of departmental accreditation. In this role, the ACS requires college and university libraries to subscribe to certain journals that it deems critical, as well as requiring access to Chemical Abstracts. The ACS is also the publisher of a number of academic journals in the field of chemistry, and is the sole publisher of the Chemical Abstracts database. This conflict of interest, which has a significant financial impact on academic libraries, should be a concern for all science librarians.