The field of text-conditioned image generation has made unparalleled progress with the recent advent of latent diffusion models. While revolutionary, as the complexity of given text input increases, the current state of art diffusion models may still fail in generating images that accurately convey the semantics of the given prompt. Furthermore, such misalignments are often left undetected by pretrained multi-modal models such as CLIP. To address these problems, in this paper, we explore a simple yet effective decompositional approach towards both evaluation and improvement of text-to-image alignment. In particular, we first introduce a Decompositional-Alignment-Score which given a complex caption decomposes it into a set of disjoint assertions. The alignment of each assertion with generated images is then measured using a VQA model. Finally, alignment scores for different assertions are combined aposteriori to give the final text-to-image alignment score. Experimental analysis reveals that the proposed alignment metric shows a significantly higher correlation with human ratings as opposed to traditional CLIP, BLIP scores. Furthermore, we also find that the assertion level alignment scores also provide useful feedback which can then be used in a simple iterative procedure to gradually increase the expressivity of different assertions in the final image outputs. Human user studies indicate that the proposed approach surpasses previous state-of-the-art by 8.7% in overall text-to-image alignment accuracy.