The Cessation of New Testament Supernatural Gifts - Part one
Study 5 - The Cessation of New Testament supernatural gifts - Part two
Study 6 - The Errors of Tongue Speaking
Study 7 - The Error of Faith Healing - Part one
Study 8 - The Errors of Faith Healing - Part two
Study 9 - The Errors of Demon Possession - Part one
Study 10 - The Errors of Demon Possession - Part two
Study 11 - The Errors of Demon Possession - Part three
Considerable importance is placed upon this gift in the New Testament. For example the word 'Prophecy' is mentioned 22 times in 1 Corinthians chs 12-14. Prophecy is said to be for 'edification', and 'exhortation', and 'comfort', 1 Corinthians 14:3.
1. Their argument for claiming the Gift of Prophecy can be summarised as:
 The Historical Argument. The use of these gifts never ceased. There are Charismatics who argue that the gift of prophecy never completely ceased throughout 2,000 years of church history. Some even quote C. H. Spurgeon in support, some also refer to statements made by some of the Covenanters about future events which then came to pass.
 The Experience Argument - There are many within this camp who argue that they know God speaks prophetically today because they have witnessed or even experienced it for themselves. This is often hard to argue against. However, experience is never to be our rule to judge whether anything is right before the Lord. Our experience can be wrong. Even a Christian can be deceived.
 The End-Time Argument - Some believe that this gift is prevalent because we are living in the last days. They argue that the increase in the prophetic gift is due to the nearness of Christ's return. Indeed thy would argue that many of the prophecies given today through exercising this gift seem to relate to this event.
4. The Bible Texts Argument - Charismatics quote certain portions of the New Testament in support of their viewpoint:
(i) Ephesians 2:20. The New Testament Church is … built upon the foundation of the apostles and prophets, Jesus Christ himself being the chief corner stone. Rejecting the argument that the gifts have ceased Charismatics believe that the gift of prophecy should continue. For example, one interpretation of 1 Corinthians 13:9-10: For we know in part, and we prophesy in part. But when that which is perfect is come, then that which is in part shall be done away, suggests that the phrase: 'that which is perfect is come', can be translated as 'but when the perfect comes'. They subsequently argue that this refers to the second coming of Christ.
(ii) Acts 21:4-. The prophet named Agabus and some others gave a prophecy warning Paul not to go up to Jerusalem less he be bound by the Jews and delivered to the Romans. Paul did not obey this prophecy and was subsequently arrested.
(iii) 1 Corinthians 14:30, If any thing be revealed to another that sitteth by, let the first hold his peace, is used as an example of slightly inaccurate prophecy being nevertheless from God. Although some Charismatics do make a distinction between an Apostle speaking infallibly and an ordinary New Testament saint speaking infallibly.
(iv) 1 Corinthians 14:29, Let the prophets speak two or three, and let the other judge. This verse is used to suggest that others in the Church could stand in judgement over what is being said and that this indicates that it was not inspired, or infallible prophecy. This is how many Charismatics view the use of the gift of prophecy today.
2. A Biblical understanding of the gift of prophecy. The Apostles and the early Church did have the gift of prophecy. However, it has ceased. The ceasing of the gift of prophecy is connected with the completion of the canon, and the sufficiency, of Scripture.
These statements are based upon the following proof texts: 2 Timothy 3:15-17; Galatians 1:8,9; 2 Thessalonians 2:2; John 6:45; 1 Corinthians 2:9-12; 1 Corinthians 11:13, 14; 1 Corinthians 14:26. 40.
If the whole counsel of God concerning all things necessary for His own glory, man's salvation, faith, and life, is either expressly set down in Scripture, or by good and necessary consequence may be deduced from Scripture, then there is surely no need for any further revelation.
It is Scripture that is profitable. It is 'profitable' for 'doctrine', 'reproof', 'correction' and 'instruction'. The child of God may be 'perfect' or complete through taking heed to Scripture. If this is so and it is, then what want we more? Scripture is all sufficient. There is no need for anything else. With the completion of the canon of Scripture there is no need to seek other prophetic sources. We have all that we need in the Word of God.
We are warned that there is no 'light' in that which is contrary to Scripture, Isaiah 8:20: To the law and to the testimony: if they speak not according to this word, it is because there is no light in them.
We are told in the New Testament that the gift of prophecy was going to cease, 1 Cor 13:8: Charity never faileth: but whether there be prophecies, they shall fail; whether there be tongues, they shall cease; whether there be knowledge, it shall vanish away. The word 'fail' can mean 'to cease' or 'to abolish'. While 'faith', 'hope' and 'charity' will all remain, prophecies will fail. As we noticed previously 'hope' is something that only exist in this life, Romans 8:24,25: For we are saved by hope: but hope that is seen is not hope: for what a man seeth, why doth he yet hope for? But if we hope for that we see not, then do we with patience wait for it. So the 'failing' can't refer to heaven.