Creepy yellow fungus
OK, so I just got back from a quick midnight garden inspection and had found this creepy looking yellow fungus (at least, I *think* that's what it is) growing on the soil next to one of my cannas. It's a really intense shade of of yellow and when scraped off, has the consistency of undiluted watercolour. Is it something I should be concerned about or just a helpful friend from the Soil Food Web?
Will try to post a picture tomorrow; a little too lazy to drag my notebook all the way out to snap a shot :P