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There are three types of equitable remedies: specific performance, injunction, and restitution.
Under Florida law, an accounting is a cause of action in which a party requests an equitable settlement of claims and liabilities arising out of its relationship with another party.
It is a restitutionary remedy in order to prevent or avoid unjust enrichment. Accounting for profits is an action taken against the wrongdoer to recover the profits produced by property which in equity and good conscience belonged to the plaintiff.
When measured by and designed to redress a patentees losses, awards of damages are indisput- ably awards of compensatory damages. 3 By contrast, an account of profits is an award of gain-based damagesit is measured by, and designed to remove, an infringers wrongful profits.
[A] cause of action for accounting need only state facts showing the existence of the relationship which requires an accounting and the statement that some balance is due the plaintiff. (Brea v. McGlashan (1934) 3 Cal. App. 2d 454, 460.)
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Otherwise stated, a cause of action has three elements, to wit, (1) a right in favor of the plaintiff by whatever means and under whatever law it arises or is created; (2) an obligation on the part of the named defendant to respect or not to violate such right; and (3) an act or omission on the part of such defendant
Under Florida law, an accounting is a cause of action in which a party requests an equitable settlement of claims and liabilities arising out of its relationship with another party.
The accounting would seem to be a straightforward, traditional remedy used against the errant fiduciary. The true accounting remedy yields a res- titutionary award of the defendants profits wrongfully obtained from the use of the plaintiffs property.
For example, a plaintiff might argue that he has a cause of action for bdocHub of contract because the defendant broke a promise. In the alternative, the plaintiff might also claim to have a cause of action for fraud because the defendant lied when he made his promise.
Personal Remedies Damages by way of compensation for bdocHub of contract or tort may also include elements of restitution. The courts may grant a remedy by way of a personal order to repay and/or an order to return property.

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