Traditionally, data hiding has been done mainly in such a way that insert the data into the large-capacity multimedia files. However, the document files of the previous versions of Microsoft Office 2003 have been used as cover files as their structure are so similar to a File System that it is easy to hide data in them. If you open a compound-document file which has a secret message hidden in it with MS Office application, it is hard for users who don't know whether a secret message is hidden in the compound-document file to detect the secret message. This paper presents an analysis of Compound-File Binary Format features exploited in order to hide data and algorithms to detect the data hidden with these exploits. Studying methods used to hide data in unused area, unallocated area, reserved area and inserted streams led us to develop an algorithm to aid in the detection and examination of hidden data.