Expert Series Webinar: MSA Transition 102 – Accounting and Operational Considerations

This session will provide an overview of the new MSA requirements and PMC structure, followed by a detailed discussion on the accounting and operational considerations for brokers transitioning to a PMC. Topics will include shareholder and payroll rules, commission payments, corporation name changes, and CRA and banking considerations. The session will also cover common scenarios and answer frequently asked questions.

Learning Objectives:

• Understand key changes under the new MSA and PMC structure
• Learn what to consider from an accounting perspective when transitioning to a PMC
• Review shareholder, payroll, and commission payment rules
• Gain insights on corporation name changes and CRA/banking requirements
• Explore common scenarios and receive answers to frequently asked questions

Speakers

Gary Gill. Since earning his designation in 2012, Gary has been advising business owners on their accounting and tax matters across a range of industries. He works with clients in real estate and related sectors, providing straightforward guidance to help them stay organized and make informed decisions. He takes pride in being approachable and delivering solutions that are both practical and cost-effective.

Subeg Grewal. Subeg Grewal has been practicing accounting and tax since 2012, advising small to mid-sized businesses across a diverse range of industries. He has developed particular expertise in the mortgage broker sector, working with a significant number of clients in that space, while also serving clients in real estate, construction, and various professional services.

Member Ticket – Complimentary

Free for CMBA-BC and MBIBC members.