The MYOB Project is a case-based assignment that is designed for students, who aspire to be professional accountants or small business owners learning cloud-based accounting. Informed by literature of active-learning and the case method, this assignment is almost completely organized by self-directed learning. The assignment requires students to learn cloud-based accounting by using a live accounting software package MYOB Essentials™ to create a business profile and record day to day transactions. This project also involves the preparation of common financial statements and a tax return. Students are also required to write a reflective essay to evaluate the performance of the business by making sense of the financial information they have prepared. Upon completion of this assignment, students will be able to gain the confidence in learning practical skills by utilizing available learning materials and evaluating their own quality of work.