Make your favorite chocolate cake recipe. You don't need special tools to cut layers, just patience.
Butter cream frosting is mostly whipped butter and powdered sugar.
Mix in the Dulce de Leche (just a boiled can of sweetened condensed milk).
Determine who in your family deserves to lick the beater. Hint: It is probably YOU!
Ice layer after layer. The more layers, the more impressive.
Icing squiggles are the easiest to make, but practice on wax paper first.
I am not a pastry chef or much of a cake decorator, but what I lack in looks, I more than make up for in flavor. Dulce de Leche is the base for many Latin American desserts, and while you may be able to find it already made, nothing could be easier. Simply boil an unopened can of sweetened condensed milk for 2 - 4 hours (making sure the water never runs dry, or the can will explode).
Click on the image to see the the step by step gallery.