In large, heavy, oven proof pan, cook bacon until crisp, remove, crumble. Brown beef in drippings; pour off fat. Add crumbled bacon, soup, wine, garlic and thyme. Cover, bake at 350 degrees for 1 hour 15 minutes. Add carrots, onions and mushrooms. Bake 45 minutes more or until meat and vegetables are render. Gradually blend water into flour until smooth; slowly stir into sauce. Cook, stir until thickened. Serve over noodles or rice. Garnish with parsley.