SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549



                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934



         Date of report (Date of earliest event reported)     August 23, 2001
                                                              ---------------



                           The A Consulting Team, Inc.
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               (Exact Name of Registrant as Specified in Charter)




           New York                    0-22945                 13-3169913
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 (State or Other Jurisdiction     (Commission File            (IRS Employer
       of Incorporation)               Number)             Identification No.)


                 200 Park Avenue South, New York, New York 10003
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(Address of Principal Executive Offices)               (Zip Code)



Registrant's telephone number, including area code (212) 979-8228
                                                   ---------------------


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          (Former Name or Former Address, if Changed Since Last Report)





Item 5.  Other Events.

         A description of an event affecting the Registrant is set forth in the
Registrant's press release dated August 28, 2001 attached hereto as Exhibit
Number 99 which is incorporated by reference herein in its entirety.

Item 7.  Exhibits.

                    Exhibits       Description

                    99             Press Release Issued August 28, 2001










                                    SIGNATURE

                  Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.


                                  The A Consulting Team, Inc.
                                  ---------------------------
                                        Registrant


Date: September 4, 2001

                                 By: /s/ Richard D. Falcone
                                     -----------------------------------
                                     Name:  Richard D. Falcone
                                     Title: Treasurer and Chief
                                            Financial Officer










                                  Exhibit Index

   Exhibit No.     Description
   -----------     -----------

     99            Press release dated August 28, 2001