Abstract This paper presents a unique procedure which integrates many managerial accounting topics in a single project. The project requires that each student create and interrelate all necessary accounting reports of a manufacturing process for one month of operation. Specific step-by-step instructions are not provided to the students. Only a set of general assignments is given as an outline to the sequence of activities. This allows for maximum flexibility as each student creates all the components of individual projects. The finished project provides each student with an overview of what managerial accounting is all about.