What is the significance of Christ's finished work for believers?

The significance of Christ's finished work is foundational to Reformed theology, as it assures believers of their justification and peace with God. He fulfilled the law perfectly and bore the sins of His people, as outlined in Romans 5:1, securing our status as justified. This resultant relationship means that believers are no longer under condemnation, as Christ's sacrifice satisfies divine justice. Consequently, everything we do is to be viewed through the lens of His finished work, prompting us to live in grateful response to His grace.