When the management asks why the work isn't getting done, and the engineer replies "All the cheap supplied tools recommended by the accountants are U/S so until more are procured...." then Management will see the light. Ditto on injuries and damage from broken or unfit tools- make sure the reported reason is unfit company tools. And leave your high-quality personal set at home so you can't be asked to use them to 'fill in'.
To fight an accountant you have to think like one, but backwards