Step 1: Grease two 22cm round cake pans and line with baking paper.
Step 2: Beat eggs, sugar and oil in a large bowl of an electric mixer fitted with a wire whisk attachement for 5 minutes or until thick and pale.
Step 3: Fold in combined sifter flour, bicarb soda and cinnamon and stir in the walnuts, then carrot.
Step 4: Divide the mixture between the pans and smooth the tops and then cook in a 160C oven for 30 minutes or until cooked when tested with a fine skewer.
Step 5: Remove from the oven and stand for 10 minutes before turning out onto a wire racks to cool.
Step 6: Place walnuts on an oven tray lined with baking paper and cook at 180C for 6 minutes or until toasted, then remove and set to one side.
Step 7: Place sugar and a third of a cup of water in a small saucepan and stir over a low heat until sugar is dissolved and then bring to a boil and boil, without stirring, for 8 minutes, or until golden brown and then immediately pour over the walnuts and let stand until set and then break into shards and then place in a large zip lock bag and gently pound with a rolling pin until coarsely crushed.
Step 8: Beat cream cheese and butter in same, clean electric mixer bowl until light and fluffy and gradually add sugar, beating until smooth and thick.
Step 9: Sandwich cakes together with 1/2 cup of the frosing and then spread remaining frosting over top and sides of the cake and then press praline around the side of the cake.
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