Alt+Tab ↹ functions while in-game, but the window title bar will flicker in the game itself.
Another popular fix is to simply disable anti-aliasing in the "Advanced Settings" menu and checking the manual compatibility box.
If this doesn't work completely (some flickering still remains), the anti-aliasing can be overridden in the graphics card's control panel.
If you are having problems with the sound not syncing up with the picture, go launch SettingsApplication.exe, go to "Sound Settings" and choose your Sound Card.
Note that using a monitor with a native refresh rate above 60 Hz may also lead to sync issues. To correct this, change your refresh rate to 60 Hz or use an FPS limiting program to set the max FPS to 60.