Exhibit (j)

                       CONSENT OF INDEPENDENT ACCOUNTANTS
                       ----------------------------------



We hereby consent to the incorporation by reference in this Post-Effective
Amendment No. 131 to the registration statement of Investment Trust on Form N-1A
("Registration Statement") of our report dated February 1, 2002, relating to the
financial statements and financial highlights which appear in the December 31,
2001 Annual Report to Shareholders of Scudder S&P 500 Index Fund which are also
incorporated by reference into the Registration Statement. We also consent to
the references to us under the headings "Financial Highlights", "Administrative
Agreement" and "Auditors" in such Registration Statement.



/s/PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP
Boston, Massachusetts
April 26, 2002