A study on the FEA simulation of the springback prediction is summarized. The discussion is focused on the accuracy of the simulation and the factors that might contribute to the inaccurate results of the simulation. First, springback simulation results based on both 3 parameter Barlat plasticity model and transversely anisotropic plasticity model are studied. The numisheet'93 2D draw bending problem and a rail type automobile panel are selected for the material model study using LS-DYNA and LS-NIKE. The simulations based on different friction coefficients along the rolling direction and the transverse direction are studied using the DaimlerChrysler in-house FEA code Cform. A study is also performed to investigate the different springback behavior due to friction coefficient changes between the flat tooling area and the curved tooling area. Some other issues such as the dynamic effect and the penalty factor effect are also briefly discussed. Suggestions for more accurate springback simulation are proposed.