President James E. Faust (1920–2007) of the First Presidency testified of the need for every Latter-day Saint to study and accept the Atonement:
“My beloved brothers and sisters and friends, I come humbly to this pulpit this morning because I wish to speak about the greatest event in all history. That singular event was the incomparable Atonement of our Lord and Savior, Jesus the Christ. This was the most transcendent act that has ever taken place, yet it is the most difficult to understand.
“My reason for wanting to learn all I can about the Atonement is partly selfish: Our salvation depends on believing in and accepting the Atonement [see Mosiah 4:6–7]. Such acceptance requires a continual effort to understand it more fully. The Atonement advances our mortal course of learning by making it possible for our natures to become perfect [see Moroni 10:32]. All of us have sinned and need to repent to fully pay our part of the debt. When we sincerely repent, the Savior’s magnificent Atonement pays the rest of that debt [see 2 Nephi 25:23]” (in Conference Report, Oct. 2001, 19; or Ensign, Nov. 2001, 18).