GOD’S SYSTEM OF ACCOUNTING (Part 1)

Romans 4:1-8

2 key terms:

1.      Justified – declared righteous

2.      Imputed – put on one’s account

I.  (v.4-5) JUSTIFICATION BY FAITH IS CLEARLY STATED

A.      (v.4) The basis of justification is GRACE not DEBT

B.      (v.5) The means of justification is FAITH not WORKS

II. (v.1-3,6-8) JUSTIFICATION BY FAITH IS CLEARLY ILLUSTRATED

A.      (v.1-3) The life of ABRAHAM

B.      (v.6-8) The words of DAVID

Conclusion:

·         Ephesians 2:8-9 “For by grace you have been saved through faith, and that not of yourselves; it is the gift of God, not of works, lest anyone should boast.”

·         Titus 3:5 “not by works of righteousness which we have done, but according to His mercy He saved us, through the washing of regeneration and renewing of the Holy Spirit”