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



                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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 30, 2002





                          SCB Computer Technology, Inc.
             (Exact name of registrant as specified in its charter)





        Tennessee                      000-27694                      62-1201561
(State or other jurisdiction          (Commission                  (IRS Employer
of  incorporation)                     File Number)       Identification Number)


3800 Forest Hill-Irene Road, Suite 100, Memphis, Tennessee                 38125
(Address of principal executive offices)                              (Zip Code)

       Registrant's telephone number, including area code: (901) 754-6577


                                       N/A
          (Former name or former address, if changed since last report)



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



<PAGE>




Item 5.   Other Events

On August 30, 2002, SCB Computer  Technology,  Inc. (the  "Company")  settled an
administrative proceeding brought by the Securities and Exchange Commission (the
"SEC")  following  an  investigation  that arose after the Company  restated its
financial results for periods in its 1998-2000 fiscal years.

The  SEC   investigation   was  focused  on  the  accounting   policies  of  two
Arizona-based  companies  that  the  Company  acquired  in 1997.  Following  the
acquisition,  these subsidiaries were operated as a stand-alone  division within
the Company and had an accounting  operation  that was separate from that of the
rest of the  Company.  The SEC  concluded  from  its  investigation  that  these
subsidiaries  improperly  accounted  for  certain  transactions,  and that their
flawed  financial  results were  incorporated  into the  Company's  consolidated
financial statements, thereby rendering the Company's reported financial results
inaccurate.

As a result,  the SEC found that the Company  committed civil  violations of the
reporting,  books and records, and internal controls requirements of the federal
securities  laws and  ordered  the  Company to cease and desist  from any future
violations.  The Company neither admitted nor denied the SEC's findings. The SEC
did not make a finding of fraud on the Company's  part, and no monetary  penalty
or other sanction was imposed  against the Company  beyond the  cease-and-desist
order. The matter is now completely resolved as to the Company.

In reaching  the  settlement,  the SEC took into  account the  Company's  prompt
remedial actions and its cooperation in the investigation.

The SEC issued the administrative  cease-and-desist order on August 30, 2002, as
Securities  Exchange  Act of 1934  Release  No.  46445.  The  order is  publicly
available on the SEC's website at http://www.sec.gov.  On September 3, 2002, the
Company   issued  a  press  release   announcing   the  settlement  of  the  SEC
administrative  proceeding.  A copy of the press  release is filed as Exhibit 99
hereto.

Item 7.   Financial Statements, Pro Forma Financial Information and Exhibits

(c)      Exhibits.

                The following exhibit is filed as part of this report:

Exhibit
Number                         Description of Exhibit
------                         ----------------------
99   Press release issued by SCB Computer Technology, Inc. on September 3, 2002.


<PAGE>


                                    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 hereunto duly authorized.

Date:   September 3, 2002

                                    SCB COMPUTER TECHNOLOGY, INC.



                                    By: /s/  Michael J. Boling
                                       -----------------------------------------
                                       Michael J. Boling
                                       Executive Vice President
                                       and Chief Financial Officer


<PAGE>


                                  Exhibit Index


Exhibit
Number                          Description of Exhibit
------                          ----------------------
99   Press release issued by SCB Computer Technology, Inc. on September 3, 2002.


<PAGE>


                                                                      EXHIBIT 99

                                 [Name and Logo]

Contacts:  T. Scott Cobb                            Michael J. Boling, CPA
           President and Chief Executive Officer    Executive Vice President,
           901-754-6577                             Chief Financial Officer, and
                                                    Treasurer
                                                    901-754-6577


                          SCB COMPUTER TECHNOLOGY, INC.
                        SETTLES SEC ADMINISTRATIVE ACTION


MEMPHIS, Tenn. (September 3, 2002) - SCB Computer Technology, Inc. (OTCBB: SCBI)
today announced that it has settled an administrative  proceeding brought by the
Securities and Exchange  Commission  following an investigation that arose after
the company  restated its financial  results for periods in its 1998-2000 fiscal
years.

The  SEC   investigation   was  focused  on  the  accounting   policies  of  two
Arizona-based  companies that SCB acquired in 1997.  Following the  acquisition,
these subsidiaries were operated as a stand-alone division within SCB and had an
accounting  operation  that was  separate  from that of the rest of SCB. The SEC
concluded from its investigation  that these subsidiaries  improperly  accounted
for  certain  transactions,   and  that  their  flawed  financial  results  were
incorporated into SCB's  consolidated  financial  statements,  thereby rendering
SCB's reported financial results inaccurate.

As a result,  the SEC found that the company  committed civil  violations of the
reporting,  books and records, and internal controls requirements of the federal
securities  laws and  ordered  the  company to cease and desist  from any future
violations.  The company neither admitted nor denied the SEC's findings. The SEC
did not make a finding of fraud on the company's  part, and no monetary  penalty
or other sanction was imposed  against the company  beyond the  cease-and-desist
order. The matter is now completely resolved as to the company.

In reaching  the  settlement,  the SEC took into  account the  company's  prompt
remedial actions and its cooperation in the investigation.

T. Scott Cobb, the President and Chief  Executive  Officer of the company,  said
"We are very pleased with the terms of our settlement  with the SEC. This matter
has occupied a  significant  amount of  management's  time and attention and the
company's resources during the past two and a half years. With it now behind us,
we look forward to  concentrating  our efforts and  resources  on improving  the
company's operating performance and financial results."

This press release may contain forward-looking  statements. All statements other
than   statements   of   historical   fact  made  in  this  press   release  are
forward-looking  statements.  Forward-looking  statements  reflect  management's
current  assumptions,  beliefs,  and  expectations  and are subject to risks and
uncertainties,  including  those  discussed  in the  company's  filings with the
Securities and Exchange  Commission  (including  the company's  annual report on
Form 10-K for the fiscal year ended  April 30,  2002),  that could cause  actual
results to differ materially from historical or anticipated results. The company
undertakes  no obligation to update the  forward-looking  information  except as
required by law.

SCB  Computer  Technology,  Inc.,  based in  Memphis,  Tennessee,  is a  leading
provider  of  information  technology  consulting,   outsourcing,  and  staffing
services to state and local governments, and commercial enterprises, including a
number of Fortune 500 companies. Since its inception over a quarter-century ago,
SCB has consistently delivered  top-quality,  cost-effective IT services through
long-term engagements with its clients. For additional information,  visit SCB's
website at http://www.scb.com.


                                      # # #
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{"company-data": {"conformed-name": "SCB COMPUTER TECHNOLOGY INC", "cik": "0001005268", "assigned-sic": "7371", "irs-number": "621201561", "state-of-incorporation": "TN", "fiscal-year-end": "0430"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27694", "film-number": "02755632"}, "business-address": {"street1": "3800 FOREST HILL-IRENE", "street2": "SUITE 100", "city": "MEMPHIS", "state": "TN", "zip": "38125", "phone": "9017546577"}, "mail-address": {"street1": "3800 FOREST HILL-LANE RD", "street2": "SUITE 100", "city": "MEMPHIS", "state": "TN", "zip": "38125"}}
--------------------------------------------------------------------------------

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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 30, 2002

                          SCB Computer Technology, Inc.
             (Exact name of registrant as specified in its charter)

        Tennessee                      000-27694                      62-1201561
(State or other jurisdiction          (Commission                  (IRS Employer
of  incorporation)                     File Number)       Identification Number)

3800 Forest Hill-Irene Road, Suite 100, Memphis, Tennessee                 38125
(Address of principal executive offices)                              (Zip Code)

       Registrant's telephone number, including area code: (901) 754-6577

                                       N/A
          (Former name or former address, if changed since last report)

--------------------------------------------------------------------------------
Item 5.   Other Events

On August 30, 2002, SCB Computer  Technology,  Inc. (the  "Company")  settled an
administrative proceeding brought by the Securities and Exchange Commission (the
"SEC")  following  an  investigation  that arose after the Company  restated its
financial results for periods in its 1998-2000 fiscal years.

The  SEC   investigation   was  focused  on  the  accounting   policies  of  two
Arizona-based  companies  that  the  Company  acquired  in 1997.  Following  the
acquisition,  these subsidiaries were operated as a stand-alone  division within
the Company and had an accounting  operation  that was separate from that of the
rest of the  Company.  The SEC  concluded  from  its  investigation  that  these
subsidiaries  improperly  accounted  for  certain  transactions,  and that their
flawed  financial  results were  incorporated  into the  Company's  consolidated
financial statements, thereby rendering the Company's reported financial results
inaccurate.

As a result,  the SEC found that the Company  committed civil  violations of the
reporting,  books and records, and internal controls requirements of the federal
securities  laws and  ordered  the  Company to cease and desist  from any future
violations.  The Company neither admitted nor denied the SEC's findings. The SEC
did not make a finding of fraud on the Company's  part, and no monetary  penalty
or other sanction was imposed  against the Company  beyond the  cease-and-desist
order. The matter is now completely resolved as to the Company.

In reaching  the  settlement,  the SEC took into  account the  Company's  prompt
remedial actions and its cooperation in the investigation.

The SEC issued the administrative  cease-and-desist order on August 30, 2002, as
Securities  Exchange  Act of 1934  Release  No.  46445.  The  order is  publicly
available on the SEC's website at http://www.sec.gov.  On September 3, 2002, the
Company   issued  a  press  release   announcing   the  settlement  of  the  SEC
administrative  proceeding.  A copy of the press  release is filed as Exhibit 99
hereto.

Item 7.   Financial Statements, Pro Forma Financial Information and Exhibits

(c)      Exhibits.

                The following exhibit is filed as part of this report:

Exhibit
Number                         Description of Exhibit
------                         ----------------------
99   Press release issued by SCB Computer Technology, Inc. on September 3, 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 hereunto duly authorized.

Date:   September 3, 2002

                                    SCB COMPUTER TECHNOLOGY, INC.

                                    By: /s/  Michael J. Boling
                                       -----------------------------------------
                                       Michael J. Boling
                                       Executive Vice President
                                       and Chief Financial Officer
Exhibit Index

Exhibit
Number                          Description of Exhibit
------                          ----------------------
99   Press release issued by SCB Computer Technology, Inc. on September 3, 2002.
EXHIBIT 99

                                 [Name and Logo]

Contacts:  T. Scott Cobb                            Michael J. Boling, CPA
           President and Chief Executive Officer    Executive Vice President,
           901-754-6577                             Chief Financial Officer, and
                                                    Treasurer
                                                    901-754-6577

                          SCB COMPUTER TECHNOLOGY, INC.
                        SETTLES SEC ADMINISTRATIVE ACTION

MEMPHIS, Tenn. (September 3, 2002) - SCB Computer Technology, Inc. (OTCBB: SCBI)
today announced that it has settled an administrative  proceeding brought by the
Securities and Exchange  Commission  following an investigation that arose after
the company  restated its financial  results for periods in its 1998-2000 fiscal
years.

The  SEC   investigation   was  focused  on  the  accounting   policies  of  two
Arizona-based  companies that SCB acquired in 1997.  Following the  acquisition,
these subsidiaries were operated as a stand-alone division within SCB and had an
accounting  operation  that was  separate  from that of the rest of SCB. The SEC
concluded from its investigation  that these subsidiaries  improperly  accounted
for  certain  transactions,   and  that  their  flawed  financial  results  were
incorporated into SCB's  consolidated  financial  statements,  thereby rendering
SCB's reported financial results inaccurate.

As a result,  the SEC found that the company  committed civil  violations of the
reporting,  books and records, and internal controls requirements of the federal
securities  laws and  ordered  the  company to cease and desist  from any future
violations.  The company neither admitted nor denied the SEC's findings. The SEC
did not make a finding of fraud on the company's  part, and no monetary  penalty
or other sanction was imposed  against the company  beyond the  cease-and-desist
order. The matter is now completely resolved as to the company.

In reaching  the  settlement,  the SEC took into  account the  company's  prompt
remedial actions and its cooperation in the investigation.

T. Scott Cobb, the President and Chief  Executive  Officer of the company,  said
"We are very pleased with the terms of our settlement  with the SEC. This matter
has occupied a  significant  amount of  management's  time and attention and the
company's resources during the past two and a half years. With it now behind us,
we look forward to  concentrating  our efforts and  resources  on improving  the
company's operating performance and financial results."

This press release may contain forward-looking  statements. All statements other
than   statements   of   historical   fact  made  in  this  press   release  are
forward-looking  statements.  Forward-looking  statements  reflect  management's
current  assumptions,  beliefs,  and  expectations  and are subject to risks and
uncertainties,  including  those  discussed  in the  company's  filings with the
Securities and Exchange  Commission  (including  the company's  annual report on
Form 10-K for the fiscal year ended  April 30,  2002),  that could cause  actual
results to differ materially from historical or anticipated results. The company
undertakes  no obligation to update the  forward-looking  information  except as
required by law.

SCB  Computer  Technology,  Inc.,  based in  Memphis,  Tennessee,  is a  leading
provider  of  information  technology  consulting,   outsourcing,  and  staffing
services to state and local governments, and commercial enterprises, including a
number of Fortune 500 companies. Since its inception over a quarter-century ago,
SCB has consistently delivered  top-quality,  cost-effective IT services through
long-term engagements with its clients. For additional information,  visit SCB's
website at http://www.scb.com.

                                      # # #