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)     May 16, 2002
                                                              ------------



                           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
                                                   -----------------------------




          (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 May 23, 2002 attached hereto as Exhibit Number
99 which is incorporated by reference herein in its entirety.

Item 7.  Exhibits.

                    Exhibits                Description

                    99             Press Release Issued May 23, 2002



                                    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: May 30, 2002


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



                                  Exhibit Index

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

                  99            Press release dated May 23, 2002