It has several built-in advanced editing like Cut, copy, splice, or mix sounds, delete commands with unlimited “Undo” and “Redo,” multitrack mixing, etc.AC3, M4A/M4R (AAC), WMA, and other formats supported using optional libraries.Convert tapes and records into digital recordings or CDs.Import/export of WAV, AIFF, AU, FLAC, MP3 (via LAME encoder) Ogg Vorbis files.Edit WAV, AIFF, FLAC, MP2, MP3 or Ogg Vorbis sound files.Also, it records computer playback on any Windows Vista or later machine.It can record live audio (from a microphone or mixer).
You can also install several other useful plugins to extend its functionality. Audacity has several advanced features like the built-in amplitude envelope editor, a frequency analysis window for audio analysis applications, a customizable spectrogram mode, and in-built effects including Bass Boost, Wahwah, and Noise Removal, and it also supports VST plug-in effects.