Microsoft has released the 14.1.2 Update for Office 2011 (108.9MB). Updaters do not include an uninstaller. Make sure you have a backup and/or zip the Microsoft Office folder in Applications first in case you need to revert. Be sure to read the update FAQs before updating.
Mac OS X v10.5.8 or a later version of the Mac OS X operating system. Microsoft Office for Mac 2011 Service Pack 1 (14.1.0)
Improvements for all Microsoft Office . . .
Continue Reading: Microsoft releases Office 2011 for Mac 14.1.2 Update