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Prepared and filed by St Ives Financial
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<p align="center"><font size="2" face="serif">UNITED STATES</font><br>
<font size="2" face="serif">SECURITIES AND EXCHANGE COMMISSION</font><br>
<font size="2" face="serif">Washington, D. C. 20549</font></p>
<p align="center"><font size="2" face="serif">FORM 8-K</font></p>
<p align="center"><font size="2" face="serif">Current Report</font><br>
<font size="2" face="serif">Pursuant to Section 13 or 15 (d)</font><br>
<font size="2" face="serif">of the</font><br>
<font size="2" face="serif">Securities Exchange Act of 1934</font></p>
<p align="center"><font size="2" face="serif">Date of Report (Date of earliest event reported): November 9, 2006</font></p>
<p align="center"><font size="2" face="serif">THE A CONSULTING TEAM, INC.</font><br>
<font size="2" face="serif">(Exact name of Registrant as Specified in its Charter)</font></p>
<p align="center"><font size="2" face="serif">New York</font><br>
<font size="2" face="serif">(State or Other Jurisdiction of Incorporation)</font></p>
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    <td width="50%"><font size="2" face="serif">0-22945</font></td>
    <td><font size="2" face="serif">13-3169913</font></td>
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    <td width="50%"><font size="2" face="serif">(Commission File Number)</font></td>
    <td><font size="2" face="serif">(I.R.S. Employer Identification Number)</font></td>
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<p align="center"><font size="2" face="serif">(212) 979-8228</font><br>
<font size="2" face="serif">(Registrant's Telephone Number, Including Area Code)</font></p>
<p align="center"><font size="2" face="serif">200 Park Avenue South, New York, New York 10003</font><br>
<font size="2" face="serif">(Address of Principal Executive Offices) (Zip Code)</font></p>
<p align="center"><font size="2" face="serif">Not Applicable</font><br>
<font size="2" face="serif">(Former Name or Former Address, if Changed Since Last Report)</font></p>
<p align="left"><font size="2" face="serif">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</font></p>
<p align="left"><font size="2" face="serif"><img src="emptybox.gif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
<p align="left"><font size="2" face="serif"><img src="emptybox.gif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
<p align="left"><font size="2" face="serif"><img src="emptybox.gif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>
<p align="left"><font size="2" face="serif"><img src="emptybox.gif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
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<p align="left"><font size="2" face="serif"><b>ITEM 2.02 &nbsp;&nbsp;&nbsp;RESULTS OF OPERATIONS AND FINANCIAL CONDITION</b></font></p>
<p align="left"><font size="2" face="serif">On November 9, 2006, The A Consulting Team, Inc. a New York corporation (the &#8220;Company&#8221;), issued a press release announcing its financial results for the three months ended September 30, 2006. A copy of the Company's press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.</font></p>
<p align="left"><font size="2" face="serif">The information provided in this Report is being furnished and shall not be deemed &#8220;filed&#8221; for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed incorporated by reference in any filings under the Securities Act of 1933, as amended, unless specifically stated so therein.</font></p>
<p align="left"><font size="2" face="serif"><b>ITEM 9.01 &nbsp;&nbsp;&nbsp;FINANCIAL STATEMENTS AND EXHIBITS</b></font></p>
<p align="left"><font size="2" face="serif">(c) Exhibits.</font></p>
<div style="margin-left: 3%"><font size="2" face="serif">EXHIBIT 99.1 &nbsp;&nbsp;&nbsp;PRESS RELEASE,
    DATED NOVEMBER 9, 2006.</font></div>
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<p align="center"><font size="2" face="serif">SIGNATURES</font></p>
<p align="left"><font size="2" face="serif">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.</font></p>
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    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THE
    A CONSULTING TEAM, INC.</font></td>
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    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
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    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By: <u>/s/
    Salvatore M. Quadrino</u></font></td>
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    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Salvatore
    M. Quadrino</font></td>
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    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief
    Financial Officer</font></td>
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    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
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    <td><font size="2" face="serif">Dated: November 9, 2006</font></td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
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<p align="center"><font size="2" face="serif"><b>INDEX TO EXHIBITS</b></font></p>
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    <td><font size="2" face="serif" align="left">NUMBER</font></td>
    <td width="2%">&nbsp;</td>
    <td><font size="2" face="serif" align="left">DESCRIPTION</font></td>
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    <td>&nbsp;</td>
    <td width="2%">&nbsp;</td>
    <td>&nbsp;</td>
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    <td><font size="2" face="serif">EXHIBIT 99.1</font></td>
    <td width="2%">&nbsp;</td>
    <td><font size="2" face="serif">PRESS
    RELEASE, DATED NOVEMBER 9, 2006.</font></td>
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Prepared and filed by St Ives Financial
UNITED STATES
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): November 9, 2006
THE A CONSULTING TEAM, INC.
(Exact name of Registrant as Specified in its Charter)
New York
(State or Other Jurisdiction of Incorporation)
0-22945
13-3169913
(Commission File Number)
(I.R.S. Employer Identification Number)
(212) 979-8228
(Registrant's Telephone Number, Including Area Code)
200 Park Avenue South, New York, New York 10003
(Address of Principal Executive Offices) (Zip Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 2.02    RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On November 9, 2006, The A Consulting Team, Inc. a New York corporation (the "Company"), issued a press release announcing its financial results for the three months ended September 30, 2006. A copy of the Company's press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
The information provided in this Report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed incorporated by reference in any filings under the Securities Act of 1933, as amended, unless specifically stated so therein.
ITEM 9.01    FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
EXHIBIT 99.1    PRESS RELEASE,
    DATED NOVEMBER 9, 2006.
SIGNATURES
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.
THE
    A CONSULTING TEAM, INC.
By:
/s/
    Salvatore M. Quadrino
Salvatore
    M. Quadrino
Chief
    Financial Officer
Dated: November 9, 2006
INDEX TO EXHIBITS
NUMBER
DESCRIPTION
EXHIBIT 99.1
PRESS
    RELEASE, DATED NOVEMBER 9, 2006.