One of the reasons I like fungi is because of their common names: who doesn’t love righteous red waxy cap, or black jelly roll, or insidious gomphidius? The fungus in today’s photograph? Yellow fan (pretty good), yellow fairy fan (better), or yellow earth tongue (perfect).
Spathularia flavida is a ascomycete, or sac fungus. Like other ecologically successful spore-producing organisms, it has a broad distribution that spans continents, with occurrences in Britain, India, Germany, Turkey and montane & northern parts of North America (though Michael Kuo implies it is restricted to North America — perhaps modern phylogenetic studies have revealed multiple species where there was previously thought to have been one?). Assuming one species (so I can use the singular), it is a species of coniferous forests; a close look at the photograph will reveal some conifer needles.