Now in it's second year, the Chartered Accountants Student Challenge invites students to solve a real-life business problem facing a not-for-profit organisation.

This is designed to give students a taste of the varied and interesting issues they will likely encounter in the business world, as well as opportunity to contribute to a worthy cause.

This year we ask students to examine a real-life business challenge facing Cancer Council Australia.

Entries will be judged on how effectively students solve the Challenge on three main criteria - technical knowledge, innovation and presentation.

Students can take the Challenge solo or in a team of up to four people. Teams will have approximately three weeks to submit their solutions.

When making a submission, students can choose from a range of formats including video, with supporting PowerPoint presentation, Word or Excel documents.

There are over AUD$40,000 worth of prizes to be won, including $50 iTunes vouchers, Apple laptops*, a designer suit, a power lunch with some of Australia's most sort-after employers, and a round-the-world-flight.

For more details go to www.charteredaccountants.com.au/students

Related links:

• Chartered Accountants Student Challenge