What accounts are included in Foreign Financial Assets for FORM 8938 ?

Hello ~ This  TurboTax link says for FORM 8938 one can skip the "Amounts Related to Foreign Financial Assets" screen and proceed to the "First Foreign Financial Account" screen to enter the Account Number & the Maximum Account Value (etc.), the reason being that Foreign Financial Accounts are NOT Foreign Financial Assets. But based on my research, Foreign Financial Accounts ARE actually Foreign Financial Assets for tax purposes. Am I missing something here? Thank you !

 

 

 

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