Poster projects are an alternative method of motivation, learning, and information dissemination in education. The main purpose of this initial study was to determine the effect of poster projects on the motivational and learning process of managerial accounting students. In addition, the authors aimed to compare the opinions of managerial accounting students regarding traditional term papers and poster projects. A poster project that culminated in a professional-style poster session was assigned. Students completed a group project producing a poster describing the production process of a manufacturing company and determining the most appropriate costing system for that company with underlying reasons. Two questionnaires were conducted after each assignment in order to measure the effect of the poster project on the motivation and learning of the managerial accounting students. This pilot study is the first to explore perceptions of poster projects as a motivational and learning tool in managerial accounting courses in the world.