But I am still not sure. Fistulina hepatica prefers to grow in oak and chestnut. Unfortunately I did not pay close attention at whether the tree was an oak tree when I took the picture, and from the small piece of bark visible in the photo it is hard for me to tell.
Thanks! So far I agree, I think it is a beefsteak fungus. It seems to be an asexual "anamorphic" state. Is there a reason why you think that being located at the saw off branch scar would induce abnormal growth? I am curious about what the trigger might be.
Normal brackets are at ninety degrees to the grain of the wood, this isn't possible when growing out of sawn off end grain. It's not something that occurs naturally.