How to edit external text?

I need to embed text into flash from an external file, so it’s easier to update for somebody who doesn’t know how to use flash. I think I’ve seen several tutorials on this on kf, but haven’t tried it out yet.
My question is if with those external files loaded in, is the text also scrollable with scroll arrows I make in flash? And can you edit the text in the external file (like make it bold, colored or italic)?

Thx for advice :slight_smile: