Compatibility changes while the audio remains a compressed copy
AAC is common in streaming and mobile audio, while MP3 remains accepted by many older players and editing tools. Converting may solve a playback requirement, but it does not make the recording higher fidelity.
If the AAC source was already compressed, another lossy encoding can alter transient detail and high frequencies. Keep the original and use a sensible quality setting for the destination rather than treating repeated conversion as a quality upgrade.