Why convert WAV to FLAC?
WAV (Waveform Audio File Format) is the raw, uncompressed audio standard used in recording studios. It's perfect for editing because it requires no processing to read. However, it takes up a huge amount of disk space—about 10MB per minute of stereo audio.
FLAC (Free Lossless Audio Codec) was invented to solve the storage problem without sacrificing quality. Unlike MP3, which throws away data to save space ("lossy"), FLAC keeps every single bit of audio data ("lossless"). It just packs it more efficiently.