INVESTMENT TRUST
485BPOS, EX-99.J, 2000-07-17
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                                                                       Exhibit j

                       CONSENT OF INDEPENDENT ACCOUNTANTS





We hereby consent to the incorporation by reference into the Prospectus and
Statement of Additional Information constituting the Post-Effective Amendment
No. 119 to the Registration Statement on Form N-1A (the "Registration
Statement") of Investment Trust comprised of Scudder Capital Growth Fund
(formerly AARP Capital Growth Fund) and Scudder Small Company Stock Fund
(formerly AARP Small Company Stock Fund), of our report dated November 8, 1999
on the financial statements and financial highlights appearing in the September
30, 1999 Annual Report to the Shareholders of AARP Capital Growth Fund and AARP
Small Company Stock Fund, which is also incorporated by reference into the
Registration Statement. We further consent to the references to our firm under
the heading "Financial Highlights," in the Prospectus and "Experts" in the
Statement of Additional Information.




/s/PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
Boston, Massachusetts
July 14, 2000


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