CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM



The Board of Trustees of
Oppenheimer Balanced Fund:

We consent to the use in this Registration Statement of Oppenheimer Balanced
Fund, of our report dated November 15, 2006, included in the Statement of
Additional Information, which is part of such Registration Statement, and to
the references to our firm under the headings "Financial Highlights"
appearing in the Prospectus, which is also part of such Registration
Statement and "Independent Registered Public Accounting Firm" appearing in
the Statement of Additional Information.




                              KPMG LLP

/s/ KPMG LLP

Denver, Colorado
January 26, 2007