Time is an apparency. It is intimately tied up with consciousness. We use it, like a tool, to organize our experiences into a sequence.
The "I", which is your essential you, is immersed in this body of consciousness (subjective reality).
We are in it, and it is in us (within you, without you).
When you have an enlightening moment (satori) you realize this.
In meditation, when brain waves slow down to the theta level, information can be retrieved from the Universe/Unconscious/Higher Self by making requests, or in religious terms, prayers. Answers, or information, are always returned. Depending on our skill and ability, we can reassemble this information into a time like sequence, which our consciousness can make sense of. The Akashic Records only exist when we have received the relevant information and reassembled it.
Some people have the ability to interpret this information through other forms as well, such as art and music.