If that does not help, try this:
1. Repair the permissions on your startup disk with Disk Utility.
2. Restart your Mac in the so called safe mode. Wait a few minutes after this restart.
3. After 5 minutes, reboot your Mac again (normal, no safe boot).
This should solve possible problems with the Audio kernel extensions, if they have the wrong permissions.
Some older third party audio software installs incompatible kernel extensions, so make sure that you have the newest version. Even some screenshot utilities install audio kernel extensions.