A spreadsheet is a office automation software which has been widely used in almost all areas in business. A spreadsheet is used for calculation, data analysis, model building and so on. As a result, spreadsheet is a very im[portant tool for generating knowlege in a firm. Errors in a spreadsheet model can cause a serious financial damage in a corporation. However in Korea few researches for reducing errors have been performed. Neither serious efforts to reduce errors have been executed by corporations. In this research we provided summarized the results from a survey for spreadsheet usage, summarized researches on errors in spreadsheet up to now, and suggested a rules and structured development method for reducing errors in a spreadsheet. Errors in spreadsheets are prevalent. To solve this serious problem, we need much more attention on this problem in research area. Corporations must put more efforts on setting policies and rules. And also we need the government`s concern and support.