Lightly dust a work surface with confectioner's sugar. Place the marzipan on the surface and, using an 18-inch wide rolling pin, roll out the marzipan as you would roll out pie dough into a 16-inch circle, 1/8-inch thick.
Frequently dust the marzipan with plenty of confectioner's sugar and turn the circle to make sure the marzipan is not sticking to the work surface. Using your hand, brush off the excess confectioner's sugar. Don't worry if a lot of confectioner's sugar clings to the marzipan; it will be absorbed.
First time making a princess cake? Before attempting to cover a cake with marzipan for the first time, practice covering an inverted 8- or 9-inch bowl. Once you are comfortable with this technique, gather up the marzipan, knead it into a ball, and re-roll to cover the cake.
Set the cake near the rolled out marzipan about 6 inches away from the edge of the work surface so that you can see and reach around the entire cake. Loosely roll the marzipan onto the rolling pin, starting at the back and rolling toward you.
Lift the rolling pin with the marzipan wrapped around it. Unroll the marzipan over the cake, starting at the front and unrolling toward the back while making sure to cover the entire cake and cardboard. When finished, some marzipan should drape onto the work surface all around the cake.
At this point, the dome of the cake will be smoothly covered but there will be folds or creases on the sides. To remove the folds and creases, lift the outside edge of the marzipan with one hand on either side of a fold and, without tearing or stretching, gently pull the marzipan out and down until the fold disappears.
Work your way around the cake. Once all the folds are eliminated, rub the palm of your hand around the side of the cake to further smooth it and eliminate air pockets.
With a rolling pizza cutter or small, sharp knife, carefully cut off the excess marzipan along the bottom edge of the cake cardboard. The cardboard should not show.
Slide the icing spatula under the cake cardboard and tilt the cake up enough to get the palm of your hand underneath to lift it without touching the sides. Turn the cake, checking to make sure the cake and cardboard are completely covered with marzipan. If not, gently push the marzipan down using the palm of your other hand.