The document provides step-by-step instructions for installing Audacity audio editing software and Lame encoder on a computer. It details downloading and running an installation file for Audacity, extracting Lame files from a zip folder, and saving a recorded audio file as an MP3 using the Lame encoder. The instructions then guide recording an audio file using a microphone, pausing, stopping, and saving the recording as an MP3 file to be used for a podcast.