That is strange. Have you tried going to the on-board sound? I use that, via HDMI. It shows as video, and also as SonyAmp, so it takes some playing with the audio controls in the, in my case, Realtek controls and connect the SonyAmp. There is no equalizer control using this, but I don't want that in the audio stream anyway, since it can be adjusted better using the receiver's options. I'd like to upgrade to a good sound card, but for now, it sounds phenomenal! A pair of KEF C-40s, with dual 8" drivers and a Polk Audio PSW505 sub, and the upgrade in sound quality is amazing!
Picking up a pair of B&W 601Se speakers tomorrow! Surround for gaming and music.
EDIT: Of course, in your case, the selection will be different; mebbe something like "YamahaAmp" or similar.
i7-2600k @4.4ghz/gtx 780(stock clocks)/Samsung 830 @256gb/WD Veloc. 1TB/Sound via Sony 7.1ch cheapo/B&W 601se/KEF C-40(dual-8"driver mini-towers)/SVS SB12-NSD/FiiO E17 Alpen DAC/Audio Technica M50 headphones(never used! heheh)/Crossover 2560x1440 monitor