Yes! For all practical purposes, there is no difference (they are synonymous). See your Webster's New Collegiate Dictionary and a good Thesaurus. FURL simply means to "...wrap [sic]* or roll close to or around something", as in furling a sail on a boat.. TWISTING is "...to make (unite) by winding [sic]*[emphasis added] as a: to unite by"...twisting strands together...".
* A sail can be wrapped, or wound, ("FURLED"), around the 'beam' to which it is attached.
In "furling" leaders, the strands are first 'twisted' around their own central axis and are then are 'twisted' around one another, which process we refer to as "furling".
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