In this article theoretical models and some existing data sets were examined in order to model the two main causes (hydrogen embrittlement and corrosion-cracking under stress) of the called environmentally assisted cracking phenomenon (EAC). Additionally, a computer simulation of flat metal plate subject to mechanical stress and cracking due both to hydrogen embrittlement and corrosion was developed. The computational simulation was oriented to evaluate the effect on the stress-strain behavior, elongation percent and the crack growth rate of AISI SAE 1040 steel due to three corrosive enviroments (H2 @ 0.06MPa; HCl, pH=1.0; HCl, pH=2.5). From the computer simulation we conclude that cracking due to internal corrosion of the material near to the crack tip limits affects more the residual strength of the flat plate than hydrogen embrittlement and generates a failure condition almost imminent of the mechanical structural element.