A receiver requires MP3
Use the source-specific M4A, WAV or FLAC converter when its decision guidance matches your file.
Convert
Start with the application that must open the result. MP3 is the broad delivery choice, WAV is straightforward for editing, FLAC preserves decoded samples, and M4A or Opus can be efficient when the receiver supports them. Conversion may increase file size and any lossy-to-lossy change can add artifacts, so keep the best source.
Use the source-specific M4A, WAV or FLAC converter when its decision guidance matches your file.
Decode MP3 to 16-bit PCM WAV for software compatibility, without expecting lost detail to return.
Use the format converter and verify both codec and container support in the destination.