UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K/A CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 19, 2002 THE A CONSULTING TEAM, INC. (Exact Name of Registrant as Specified in Charter) NEW YORK (State or other jurisdiction of incorporation) 0-22945 13-3169913 - ------------------------- ---------------------------------- (Commission File Number) (IRS Employer Identification No.) 200 PARK AVENUE SOUTH, NEW YORK, NY 10003 ----------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (212) 979-8228 ----------------------------------------------------- (Registrant's telephone number, including area code) N/A ----------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) Item 7. FINANCIAL STATEMENTS AND EXHIBITS On July 19, 2002, The A Consulting Team, Inc. (the "Company" or "Registrant") filed a Current Report on Form 8-K with respect to the acquisition of all of the common stock of International Object Technology, Inc., a New Jersey corporation ("IOT"). Such Form 8-K was filed without the financial statements and pro forma financial information required by Items 210.3-05 (a) and (b) of Regulation S-X. This Current Report on Form 8-K/A provides such required information. (a) Financial Statements of the Business Acquired Attached as Exhibit 7.1, are the audited financial statements of International Object Technology, Inc. as of December 31, 2001 and the year then ended, and the unaudited financial statements of International Object Technology, Inc. as of June 30, 2002 and 2001 and the six months then ended. (b) Pro Forma Financial Information Attached as Exhibit 7.2, are the pro forma unaudited consolidated condensed balance sheets of the Company and International Object Technology, Inc. as of June 30, 2002 and pro forma unaudited consolidated condensed statement of operations for the year ended December 31, 2001 and the six months ended June 30, 2002, giving effect to the Company's acquisition on July 19, 2002 of all of the common stock of International Object Technology, Inc. (c) Exhibits EXHIBIT NO. EXHIBIT ----------- -------- 7.1 Financial Statements of the Business Acquired 7.2 Pro Forma Financial Information 99.1 Consent of Independent Auditors 2 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. Dated: September 24, 2002 By: /s/ Richard D. Falcone ------------------------ Richard D. Falcone Chief Financial Officer 3 EXHIBIT INDEX EXHIBIT NO. EXHIBIT PAGE NO. ----------- ------- -------- 7.1 Financial Statements of the Business Acquired 5 7.2 Pro Forma Financial Information 21 99.1 Consent of Independent Auditors 34 4